Quote from InvestVision:
Is everybody on this forum are for day trading and scalping only ? Don't we have people who wanted to broden their under standing of bigger oil picture , spreads etc. So that it can he help in swing trades and position trades?
It is not a news item, it gives perspective where US oil imports are coming from
Members pls. Let me know
I think this information is valuable even for the day trader. It gives context surrounding longer term trends. It also gives at least some clue as the what is lurking out there behind the shadows imo. Even as a day trader I think it is good to be aware of potential turning points that are fundamentally driven. You will see patterns imo. which compliment TA.
Sometimes our day trading will occur within the context of several hours of major fundamental forces trying resolving themselves. In understanding who will win (bulls or bears) or when will things pick up this can be helpful. imo
Keep it coming please.

