Macro-data and Oil

I am bullish on Oil for the time being the next couple days line up with macro data that should continue to spin positive I believe gas inventories will also be better for the first time
in ages but we will see if the cuts were enough. Should the dollar start to weaken again another test
of 75 is possible nut we will have a day in the 73-74 area if The data continue then Friday for a retest- they are trying so hard to sell this
Check your history this does not have to correct there are examples and more than one where the market does not correct after a rebound after a recession
We need a reason to correct and more than "it went up too far"
We had a correction remember the pain in June 4 solid weeks of a sell off
the data keeps pointing up so the economist from the financial times that did the piece on the Market Sugar High who was applauded by the CNBCtards
(did you not hear the guys say steel was done and he had to come out an apologize for his idiocy! and his twin who reco'd UNG a lot higher than where we got on board we started talking about Natty in the 3.10-3.31 area )

On Natty we have been ranging and I should sell here but i am not gonna take this -profit
but simply double down if I can at 3.215 (like the 2.81 area on SEPT) this is support
for now if this breaks upward say 3.20 than we have cut through the channel top and we will work our way back to 4 They have people calling for it to continue south and we stop out at 3.00 and wait for 2.5 on the october contract Indian summer or not you sell me natty
at 2.5 on the October I will move to the NG contract at that point and step on the gas
so to speak