Really nice for LT investors... I was hoping that such a selloff would happen after Algier Meeting some time ago. We have oversold RSI and Stochastic and a high volume . I guess commercials net short % positioning from Tuesday will be in the rand of 17-18 % (we see it Saturday) and next week back to 14-16%. I currently hope for a correction till 42-43 Support Region till Tuesday. Than we should expect quite a strong rebound...
Komen
⋅
Crazy Situation on Friday Europe close... SA threatening to increase production... SA denying to increase production... SA threatening again... 1 $ in 10 min increase of WTI on deny of increase. Just imagine what will happen if we get a production cut. Dangerous situation for shorts.
Komen
coolingla
⋅
Nice chart Darth!
A question, what kind of scale is it on your chart that range from 74 to 90?
darth.stocks
⋅
HYG...
coolingla
⋅
Thanks.
AMBRISH
⋅
Buy at 43 and s.l. little lower then 42.00
tbuckle
⋅
so stay short till 42/43 ??
darth.stocks
⋅
I closed my trade after having reached 45... But I guess a good long entry should be at 43.
A question, what kind of scale is it on your chart that range from 74 to 90?