Friday – The Oil Leak
Friday, the last trading day of the week. Well, honestly the Oil leak that we experienced yesterday was no surprise to most of my readers. I expected that drop and I wanted to point something out from here… WTIC – This Doji was pointed out yesterday as a topping candle. We had an […]
May 25th – Observations
Wednesday had the release of the Fed Minutes in the afternoon, and that put a reversal into the Miners sell off. Thursday has the NATGAS inventory report and we also have the OPEC meeting that could Move OIL one way or the other. These things are not unexpected, so let’s discuss some observations from the […]
May 24th – Drop like a …
Let’s do a little review and discuss a little about a drop that I am expecting. SPX – There are times when you are expecting a pullback and suddenly you get a large 1 or 2 day slam. That can exhaust the move down, or ‘clean the plate’ of sellers for a while […]
