Today in the early session oil has had a sharp move down and we also have the oil report today at 10:30 EST. Will be flat leading into the report unless I can get a well protected trade. As long as the market is below the lower red line I will be leaning on short trades. In between the two red lines watch for a choppy action and I will be looking for long trades above the top red line.
Any action I see during the day I will post it as I see it.
Any action I see during the day I will post it as I see it.