By Hedge Ly
Crude is trading tighter and tighter to the 105.40 level after the push over 106 this afternoon.. As i have been hinting long crude is the easiest way to trade this commodity in the face of multiple continent stability issues..
Keep your stops tight if you are not micro managing like myself if you are buying off the 105.40 level... I feel if the level goes we could see 104.50 easily...
This evening i saw a heading states increased gasoline demand was the reason why the markets rallied today... that i my mind is total cop out by the mainstream media who still refuses to accept what is driving our markets, and it not fundamentals... Economists are not the ones you need to be listening to... listen to those who trade this tape every day.. we are the ones who are embedded within the tape day in an day out...
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| CL_F 5 min |
