interesting developments on the USO daily, now what is significant about the 2/5/2010 low is that it took out it's 12/11/2009 lows. We now have a lower high since the January highs didn't take out the Oct. 2009 highs and a lower low in place on the USO daily.
Looks like there is still a little more upside left. I just wonder if they are going to pull back a little first or keep going higher?
With good ol' Benny talking this Wednesday (I think it's Wednesday?), the market could pullback a little in anticipation of bad news, and they actually rally on the better then expected news from him. Hard too say at this point…
Good Morning, Gcocks
I can see buying TNA should it rise to $44.23 (primary pivot) and sell it if it falls below that.
After all these up days on TNA, it's easy to imagine a down opening as a turn of some kind.
Earl, I guess you will be playing TNA today based on this info.
From Carl just now:
March S&P E-mini Futures: Today's day session range estimate is 1100-1112. The market will reach 1200 over the next three months.
Note:
1100-1116 yesterdays estimated range
1100-1112 todays estimated range
1102 right now
yes
USO Daily Chart
http://www.flickr.com/photos/47091634@N04/43821…
interesting developments on the USO daily, now what is significant about the 2/5/2010 low is that it took out it's 12/11/2009 lows. We now have a lower high since the January highs didn't take out the Oct. 2009 highs and a lower low in place on the USO daily.
the 40.43 level will be a brick wall
OK, that's fine, but I'm waiting a little longer.
huh? entering USO short would be nice but????? I am already short as of yesterday
hello sundancer
are these line Mov. Av and a multiple of 8?
Sundancer, Thanks for the post
Looks like there is still a little more upside left. I just wonder if they are going to pull back a little first or keep going higher?
With good ol' Benny talking this Wednesday (I think it's Wednesday?), the market could pullback a little in anticipation of bad news, and they actually rally on the better then expected news from him. Hard too say at this point…