So Oil goes up 23% in 48 hours, which normally would happen in a 4-5 day stretch easily if not longer, but since it was a short squeeze most of us get it. Given that and that the market opens up Sunday night overseas, and you're them ....do you want to be the shorter or the recipient of the short? If I'm them and oil bolted that kind of jump I start the short. Because if they carry it up we know the ceiling isn't much farther before it channels down. So either they take it up then it plummets or it just plummets. Either way By the time Monday morning comes around it could be pretty rocky for Oil. Can't see them taking it up a few more % then get shorted by the US market the following day.
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