shrinking and the chart points to 4.41 on the near term of course I don't believe we will get there today but not too long. On Oil this tire tariff tiff is more than just annoying alliteration to traders
and fears of demand has most technicians and fundamental guys almost to the point of a clear
consensus prognosticating that oil will pierce the lower trend line of the Oil channel
I am hearing targets of 65 again not today as the news is likely to be positive and Ben is not going to tell you to "Sell it all I have no Idea what I'm doing or any clue whether to raise rates or turn off the printing press-you guys are in big trouble" No as usual he will tell you things are well in hand we have to be careful and we will not jump the gun on removing the Q.E.
Watch the dollar carefully for clues on Oils direction
Natty is buy the dips when you get em if you get em
Natty is the better play with a clear direction
natty buy 3.31
Sell at your own risk I am selling to flatten longs only
Oil oct
buy 68
Sell 70
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