I'm not trading oil at the moment, that a lot of storage with them numbers

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The DOW has given back its early gains already, now can it sustain and close below the above quote today, FOMC minutes later

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thx, on crude look at the weekly and monthly chart they look bull strong, could go as high as $70 plus before seeing any pull back

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If the DOW CAN TAKE 17600 level I've mentioned a few times before then I'm looking for a 1000 point drop in indices

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got the close below it now next level is to close below 17805 on the DOW and then we should see some good bear action for the remainder of the month

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only 4 minutes left and we're nearly there

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need another 15 points lower

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got 17899 at the moment and still coming down

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may be too much of an ask, the hourly candle on the futures will trade beneath it but its the cash market that leads so if it can;t close beneath 17880 then the bulls would win. We have 24 minutes

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a close in the DOW below 17880 may help the crude to fall back, we shall see in the last half hour of cash market

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may get this, I'm hoping anyway. USD/y looking for a pull back too

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Indices are good pairs to trade, recently DOW and DAX, higher and higher we go but in the back of my mind is that NFP number. Very rarely its forgotten or ignored by those big ass traders

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and what are the chance we could see a complete reversal in the DOW today, some wild shit is happening, a close below 17880 today, eventually that NFP number could play out maybe after the FOMC minutes

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yep they tore into traders who held overnight futures short, me being one of them, if DOW fails to take out 17889 and slose above that then I'm buying puts and selling DOW futures after market closes

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check out that red candle on the Futures

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I'm not planning to trade Monday as usually if there is a major gap it could be it may want to fill in at least 50% so better prices will be achieved if we hang on

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keep an eye on that dollar index to hit 94.70 area then see if we bounce, this should take a week or two

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think we will see some down pressure for a while but will be bullish by 3rd quarter results

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I saw that crude close yesterday and it did look short term bullish but that market was closed today so did not comment on it earlier

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post was from March 31

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