The Brains Trust - 2024, page-2371

wds reaction sub $24. when it ran from $16 to $20 to $40 it was the $24 level where it finally jumped through and ran
my attention was drawn to the recent hammer back down to Sub $24 and it held and now at $25 undergoing a backtest of sorts

it drew the attention of a lot of other traders given the reaction there
oil also below value just here so will just need a slight recovery to push wds into a decent trade but early days
opec meet this week so no surprise to see current hammer pending the meeting

sto similar position

sfr worked nicely and expect a backtest of $10 level

bhp range set $38 to $46

US Fed quiet until november. should all ebb and flow till then as inflation and jobs figures come out

this Q4 has to be my best period for trading with the volatility

gj you may want to compare correlation between oil and gold over last 50 years but up to you