“My message to the oil market!”
Today looks and feels like a half-assed attempt at a rally in oil … a pretty slow
crawl up on some “China trade deal” news, which has been priced in about 97
times already … the fact we’re still in the $57 handle says a lot, and none of it is
good … right now, this market is seeing falling VIX and trading action sucks
… algorithm or no, I’d leave it the hell alone until it figures out what to do and how
to break this $5 range we’ve been in for months.
Until tomorrow mi amigos … Onward & Upward!!
Have a great day everybody!
-vegas
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