To me it looked like the last long getting out.Quote from Picaso:
Nice trade, K.
It's funny how when euro was going through the rough and shorts were being hammered in the ES oil made it to 82 and stopped on its tracks and then yet again when it made it back to 81 bounced up (proportionally way more than equities).
Distribution? Accumulation? Undecided position traders? Symmetrical automated systems fighting for fills?
I know, ignore everything and just watch the damn chart![]()

