After waiting...we are long Crude (WTI). We like the potential of this trade and are looking for a larger than normal first target. We will keep this on a tight leash. In lieu of shorter targets we will move our stops up as we gain more in the trade.
We will have to wait to see how crude plays out from here. After coming this far in such a short time frame it needs some rest. We are anticipating a sideways to down move over the next few days Then we will look for areas of interest. Check out our posts coming up to see our analysis. Thanks