“The state of the oil market!”
Good luck trading oil if you’re using CFD’s … with no trend in place, extremely
choppy and vicious price changes, ridiculous bid/offer spreads, and of course
slippage, you have better luck in Las Vegas playing Keno … in short, this market
is a complete mess … thank you FED Twits … the only thing this market has
going for it is a wicked range, but remember volatility has two sides to it, and the
other losing side can be a B. I. Itch.
Directly below, this week’s 20 Day Range MA in WTI Crude Oil.
click on chart to enlarge
Until tomorrow mi amigos … Onward & Upward!!
Have a great weekend everybody!
-vegas
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