The markets are trading off the oil high…You have to pick a side of the market to trade from..

The S&P is unchanged on the week.

My view is that which ever side you pick the risk is small. A couple of SPU points either way…

I picked the long side early with an intra-day stop..

I am selling the Aussie Dollar at the market with a 40 pip stop as a hedge against a total risk off scenario.