Well that was a crappy close Anyone else see a S.T pattern playing out above? 90 min chart of the latest rise in p.o.o, nice correlation with rising volume supporting rising price. Could we get another push/squeeze tonight? Burn a few shorts tomorrow? 50 is a key level (L.T sloping resistance) a push through there and it's on in my opinion
http://www.shortman.com.au/stock?q=sxy
Article of interest: http://www.futuresmag.com/2015/08/31/several-key-factors-leading-higher-crude-prices
GLTAH!
P.S Nice first posts MrBenny!