No matter what side you're on in the Great Crude Debate one thing is clear: A big move in one direction or the other is coming. I still bet long. It sure is taking its time.
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Frist time newbie, would like to know what is that long bar mean to you? Looks to me a T bar or trading robot running the short stops...
Welcome aboard!
We call the long bar Phantom bar. How it's produced, is a mystery. Could be those big guys actual trade in the dark pool. Since they're big guys, so whereever those phantom bars point, they usually will be reached soon or later.
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