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I wasnt going to do a Friday report, I was just going to allow yesterdays report to speak for itself, but lets just do a quick review to be clear.
I posted this oil chart yesterday for a reason...
A drop to that area would be a low risk entry...
Read MoreWhen most traders were kids, it's probably safe to say that if they had one available, they loved playing on the swings. Today I think that it's safe to say that most traders still love to play on the swings. We'll discuss one such swing in a minute, but first I just want to show the chart of OIL as of yesterday. ( Excuse the typo) : )
WTIC
I know some people that are looking at this chart and saying that it has formed a bear flag...
Some people here have been waiting patiently to pounce...
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