Oil Futures ETF
A wild roller coaster in the markets that ended massively unchanged. Where is the bounce everyone is looking for? Maybe it's not happening because everyone is looking for it. 1900 is a big number though. I know many of you are waiting for that bounce to get out of positions. If we get it do not be the last guy out the door. The markets are looking very weak here and lower prices long term is in the future. One product I am bullish on is oil. The action today looked like capitulation. This is a position I am holding for a few days.
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