Crude Oil possible Daily ND forming... and this after Monday was a gap down below support on opening, up to support during the day closing towards the low on decent (but not excessive volume). Seems to be shouting continued weakness on Oil (which usually means USD strength will be seen and weakness on commodity driven pairs like the CDN dollar etc...)
I am already short a few longer term positions on Oil, may be time to add on again.
Let's see how this plays out into market close today and then in days to come.
I am already short a few longer term positions on Oil, may be time to add on again.
Let's see how this plays out into market close today and then in days to come.
Today's zone = Tomorrow's opportunity!