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Ican

03/01/16 4:29 PM

#31474 RE: 3kidsplus1 #31473

Here we go... finger on the trigger
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Tony888

03/01/16 4:33 PM

#31477 RE: 3kidsplus1 #31473

Short covering. Bad news creates the liquidity to cover. I think this is a calendar spread play to benefit from contango. Short the next month contract while covering the short on the current month contract. Rolling the short over.
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Jakeyoo

03/01/16 4:51 PM

#31482 RE: 3kidsplus1 #31473

Oil daily seems close with a doji again. If oil doesn't rally tomorrow, it actually forms a double top with Jan 29th. Let's see how this goes.