“Summing up crude oil & crypto!”
Without geopolitical fires, oil has got nowhere to go … 2 days after WWIII almost
started, oil can’t even get a buck range for the day … outside of the one hit
wonder range the other day, what’s it done? … nothing, that’s what … same could
be said of crypto … quite frankly, up & until the 20 Day Range MA’s for both start
going up, do yourself a favor and save some money by trading something else
… each are very expensive to trade relative to their respective average ranges
… oil alone is around 3% of the range to trade, and crypto is worse than that
[BTC].
So, both spinning wheels to go nowhere … sure, I keep an eye out on both daily,
but I’m not overpaying to get phantom action that doesn’t deliver … there are
better markets to trade right now than these two … blog update on Sunday
… until then mi amigos … Onward & Upward!!
Have a great weekend everybody!
-vegas
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