Wednesday, July 1, 2009

Last day of the week-NFP

Technical patterns aside this has not proven anything to us yet other than the new range 
it likes to trade inside of  68.54-73.38 this week an several trips up and down 
It appears Production  from Opec was added and that helps with a puzzle piece but it still
I am a buyer on a dip  here tonight and a seller tomorrow the jobs are bad but this time they are very much expected they are projecting 9.7 that is a pessimistic number there is a chance the less bad news might make for a trade opp again  if you can get behind a trade and  the range trading feels far from over.












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