USOIL Where will price go? MOMO says NONO

Let us see.. It can still go higher but momo seems to be with us. This can help the market come down a bit.

交易進行: at F looking for price rejection here!

評論: heading to D

手動結束交易: took a small loss on some oil rig plays i have tight sl for

評論: A rejection here at D-1 could be nasty ... I really thought oil would be heading at least towards d3 near 49ish

評論: I went long in XLE after F broke.

評論: VLO 04/29/2016 60.00 P
PUT VALERO ENERGY CORP $60 EXP 04/29/16 235 down 60% in this play. about 4k i gambled... I did not take profit on the dip stupidly.. i will take a loss....

交易進行: reversal zone 1 reached! looking for reversal

交易進行: I am long from D

評論: we win!

評論: I watch price obey and am still amazed by how price listens :-)