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This is basically same chart I showed previously, but I'm long oil with multiple buys in 49 range as I mentioned in that previous chart. Basically the keyword is peaked and lot of reports out of China the virus has peaked. With all the Fed pumping I noted in previous chart with links to information about it, indexes going higher will pull oil up along for the ride - money flow . You can see the correlation here with ES and oil .
As with previous virus when peaked, again keyword is peaked, markets took off afterwards and in this case oil too. See here https://www.flickr.com/photos/186259512@...
As with previous virus when peaked, again keyword is peaked, markets took off afterwards and in this case oil too. See here https://www.flickr.com/photos/186259512@...
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My target is 60
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Ah so the virus peaked on Feb 19 but also on March 20... I see. 🤔 Nice front run here. Executed to perfection, of course. No one ever lies in chat. Nope.
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