oil either way atm.. although gas at 4$ seems to get little traction.. storm in the gulf next week. this may give the euro and gbp ect. a boost.. and the miss or death of the storm a let down..this time a cross of the 110.60 threshold should do it.. (even though a pullback first is normal before 150$) to 150... a HH.. chart wise. but what would gas cost at 110? 4 $ seems to be what the market can bear. its about 3.45 in my area atm..its probably higher in the rest of the country. 110 is about 20% higher.. or .68$ ,,,,,,,,,,,, 3.45+.68 is 4.13 in my area.. and in the rest of the u.s. over 4$ a lot more.
the chart could also be setting up on a mid leg bounce to lower. some call it the dead cat bounce.
mofus can be mofus.. when below.. i like the upper one at 94.54.. with a storm a real bull wouldn't have much trouble crossing. i don't have all levels here 97.23 is another. lets c what happens..
the chart could also be setting up on a mid leg bounce to lower. some call it the dead cat bounce.
mofus can be mofus.. when below.. i like the upper one at 94.54.. with a storm a real bull wouldn't have much trouble crossing. i don't have all levels here 97.23 is another. lets c what happens..
those who can, do. those who cant, talk about those who can