Oil has been moving all over the place but has come right back to yesterdays trade range, So a balance inside a bigger balance. I will be looking for the first balance break (red zone) and then watch at the big balance area from a few days back for rejection or a confirmation of bigger picture direction.
Oil can remain in a small choppy range for some time but I think will have a big break out or down when it comes out of this balance.
Will be selective on my trades in this product right now.
Oil can remain in a small choppy range for some time but I think will have a big break out or down when it comes out of this balance.
Will be selective on my trades in this product right now.