Nothing much is going except for Oil. This structure has been in action for weeks but it finally went higher. I am really thinking that so early in the year and oil at this level doesn't sit well with those who are calling for lower oil prices. Most of you know I am a long term oil bull.
I will do some charts later to see what is the next level higher. We definitely need a close above $82.30 to scare the shorts out of this trade.
Wednesday, March 10, 2010
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