@PedroMad Yes, oil completely reversed the move today. The question is, is this a short term top, or will it really break out tomorrow? Also, look at XOP, XLE they still have a ways to go to regain everything they lost yesterday
@PedroMad Those stocks you mentioned, could keep climbing if the sector stays strong, but they are also junk companies with bankruptcy risk so be careful going long overnight with those ones.
@PedroMad The setup for tomorrow is much less predictable, I do not know what will happen. The setup that I banked on was much more predictable because everything was straight up for days in a row, making the pullback day very likely
@PedroMad Yes, oil completely reversed the move today. The question is, is this a short term top, or will it really break out tomorrow? Also, look at XOP, XLE they still have a ways to go to regain everything they lost yesterday
@PedroMad Those stocks you mentioned, could keep climbing if the sector stays strong, but they are also junk companies with bankruptcy risk so be careful going long overnight with those ones.
@PedroMad The setup for tomorrow is much less predictable, I do not know what will happen. The setup that I banked on was much more predictable because everything was straight up for days in a row, making the pullback day very likely
yes, thanks.No, i want desperatly short those stocks!!! Could almost bet LINE goes down, and could be shorting overnight, but hope 's not a strategy!
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