“Another day where every oil trade looks & feels like this!”
Up on stocks, down on oil inventories report … up some more on stocks, down
on “China trade deal” news … slightly higher range than we’ve seen, but the
trading action is severe whipsaw on news … get caught up in it and you’re toast
… quite frankly folks, right now oil is a nightmare to trade and I’m leaving it alone
… even though the oil algorithm has done well, this market is worse than a
teenager on meth … walk away and come back when something happens … until
then you’re only subject to whipsaw.
Until tomorrow mi amigos … Onward & Upward!!
Have a great day everybody!
-vegas
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