+ uncertainties in oil market: meeting in Doha is overvalued, drop in crude inventories can ne as crossseasond
+ further CPI goes down in China as leader importer of crude
+ FP (TOTAL) closed gap
+ additional big volumes in some 5M bars didn't lead to grow of stock.
Short enter = 40, Profir 38.90m Stop = 40,3
Who did the same and left some stocks in short overnight - tomorrow can be 2 things:
1) if earnings of Alcoa is OK - FP will open with big gap up, but I will not cover short position at the beginning of the session. We should look not only on earnings but on Crude oil too - it rises but in resistance range. It risky that's why only part of this short should be left overnight.
2) if earnings is bad - we can close partly with gap down at the session start and increase position size later.