Oil: Old Faithless
Tim Knight | Apr 24, 2017 11:29AM ET
I’m a bit obsessed with crude oil, which is falling away nicely from a fairly meaty topping pattern (tinted in green):
This is important to me because of my long ERY position as well as my many energy shorts. What I like is the consistency of its move, which is of course non-existent in the world of stocks, which aren’t permitted to move lower more than a few hours before there’s an intervention.
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