A.M. Look 5/25/18

Putin is speaking about raising Oil production.

The Long term P&F put in its first relief reversal in 10 dollars marking a near term top.
Energy names will be under pressure with an ORL week ( topping pattern) in crude.

Bund/FPTP is widening into the end of the week.
Do not look to fight the flow, which means do not be short our treasuries!

Spu’s rallied to the top of the range again last night. Time frame trading today as markets will be very thin!

We’ll be back at it on Monday for Tuesday trade.
Have a safe holiday weekend.

Oil 100X3 P&F…

Oil…weekly…

Spu..25X3

This entry was posted in Archive and tagged , , , , . Bookmark the permalink.