This is a snippet from the LCG Pro Report for clients.
Tesla:
Fundamental issues with the Company aside.
Earnings are October 24th which means the possibility of accumulation before the event on this. The $240 and $245 level are of large importance currently. The Stock has recovered well from June lows with lows put in at: $212, $217 and $225 last week. While...
This is a snippet from the LCG Pro Report for clients.
Crude oil:
The selling continues in this market. While I have small net long exposure here I am cautious. The overhead supply on this market technically is ridiculous. However, I like to compare this market to giving a 6 year old a Red Bull: It can go from napping at noon to a full-blown tornado ten minutes...
Snippet for LCG Pro Report sent to clients.
*$2970-$2980 remain strong supply
*China trade talks resume this week
*$2900-$2910 remain support
Overall the bias is short against the supply zone listed.
