Oil is putting in an ORL day SCO the matching short ETF is doing the commensurate ORH I’m looking for follow through
Daily Market Intelligence 8-16-16
Daily Market Intelligence 8:1:16
OIL…38.99 was as good a place as any for the rally to initially fail. I have a price order in to sell just shy of 40 which I’ll leave working into tomorrow. I placed a resting buy order in the … Continue reading
Oil…we got the $2 rally and the fade by the producers. They’ve hit the downside objective. SCO…@ 96.20 hit upside resistance and a potential rejection #. Hopefully we’ll get one more screwing of the shorts that will allow us to … Continue reading