Who said ES and Nikkei were buddies? ES doesn't seem to give a crap about its buddy tonight. At this rate, I think I might need to run for cover. Stop placed at BE for the trade below.
Think of it this way. How many stops could there be underneath 2745? That's right, massive. We gotta gun those stops and the rest will be history. :finger:
Here's an interesting comparison between the ES and the Yen. You can definitely see that the ES is trailing behind the Yen. Maybe they're borrowing the Yen at negative interest rate to scoop up the ES. Smart! :finger:
Texas already declared a moratorium a few days ago but most of the producers balked. Let's see if they can reach a consensus this time with the Fed.
Expanding the SPR? Nah. Why would they that? If the oil price goes up, it would be all for nothing.