“Crude oil has something to say to all of you trying to be long!”
Well, this isn’t “pretty” at all … I mean, if you’re somehow trying to buy crude oil
on a death wish … forties handle today, and the question is, how low is “low”?
… dunno, but I do know rallies are capped until the coronavirus goes away
… how long that takes is anybody’s guess, but more than likely it’s not days but
weeks and/or months.
BTC holding above 9K, and the ranges have been slowly expanding some … still
not enough to get me to trade it, simply as I’ve said before, it’s expensive as hell
to trade BTC … so we’ll see what happens … would be nice if the crypto market
makers, exchanges, and brokerage houses would cut commissions, but you know
as well as I do, they’ll hold on to the costliest client structure they can until forced
to give it up, and we aren’t there yet.
… until tomorrow mi amigos … Onward & Upward!!
Have a great day everybody!
-vegas
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