After re-reading last January chart thoughts Id like to post a present day comparison. I wont go through all the charts just particulars. Screen grab of the Jan 2013 chart and comments (tinted yellow) will precede current charts.
Thoughts On Oil
I’ve been creating a small position in SCO- short oil. My negative bias is a result of the thoughts below yet the technical set up for the charts is choppy and at the present time probably more bullish than bearish.…
January 2013 Chart Thoughts
I’m going to run through a random bunch of charts that I’ve had up recently…good or bad. I normally like to update my Stocktwits stream if levels differ from those others posted or when I see something actionable, and will…
Trying To Position Short
Time has flown, and so has the market. I have not been on the right side of the trade, but mostly flat on my short positions as of today. Scary intraday red candles have not been victories for the bears.…