Not sure what the next ann will be. but what ever it is it will be some thing to get us over this 10 cent play.
Why is this range 9.5 to 10 cents being stacked. That to me is more interesting.
Its always one trade that adds at a time when selling at 11.5 plus gets on the line.
The oil price has no bearing on the s/p. might have a bearing on some negotiation at best.
But this s/p being from 9 cents to 10 cents seems to be a play by some one. making buyers a bit nervous.
or again it could be a buyer and seller one of the same. easy to do when the buy and sell price had a 4 pip range. you can control the middle.
SWE Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held