“Well, I was hoping to trade some crude oil!”
Crude oil is toast … stick a fork in it, it’s dead … as a market to be involved with
via a CFD, leave it the hell alone, or you’re gonna wish you had those pins in your
face … the pain would be easier to take!
As for crypto, BTC sees a move over 9K, which it promptly gives back inside a
lackluster range … probably some OK algo signals to buy earlier today, but as I’ve
said before, until the 20 Day Range MA moves over $400, it’s too expensive to
trade given the level of IVIX … the industry needs lower costs, and eventually they
will get it, but for right now it’s very costly to trade, and on the days that are
lackluster in terms of IVIX, you’re gonna wish you were trading something else.
… until tomorrow mi amigos … Onward & Upward!!
Have a great day everybody!
-vegas
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