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Friday, June 14, 2019

OIL SNOOZES

“Let me guess … when oil does nothing!?”

Basically, we’re waiting for OPEC+ next weekend … and given the fact it’s Friday
and nobody really wants to trade today if they can help it, oil goes “sleepytime”
… although, on the M5 oil algorithm, a nice slow move higher that produced some
profit. Bid/Offer spreads, though, still leave something to be desired … seriously,
they suck at 5+ cents when they should be at 2 or 3 … nothing I can do about it.

Blog update on Sunday, where the 20 Day Range MA looks set to get beat up
some. Until Sunday mi amigos … Onward & Upward!!

Have a great weekend everybody!

-vegas


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