A.M. Look 10/18/18

Oil… (X) Futures expire Monday. December will become front month.
The Long-Term Point & Figure, which needs over 3 dollars to reverse, is getting into a level that can trap shorts.

Spu’s...2800 is the initial 50 yard line today.

As stated last night, I’m short TLT and did not buy the Spu’s against it to put on the spread.

I’m going to wait until the NYSE sets up to decide what further action to take.

 

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