Quote from MJUK:
When oil breaks its intermediate uptrend line I will be looking for a short postion on a retracement. Preferbly to the underneath of the trendline or a fibo 50/66 but anything will do. Stop will be $51 with a target of $42.5-40.
Also gone long NG based on exceptional relative to strength to the other energy detrivatives. Tight 90 tick stop.
