Out 29Short 40.50
SL 46.50
the godfatherOut 29
+11ish
With OPEC cutting oil supply, you would think the market should rally big time. But we're chopping instead, which means?? We're due for a pullback.Is this the lowest vol day for the es in the last 5 weeks since all the chaos started? Vol terrible for a mkt that was down 600.
When the rumours about a cut started, oil was trading at 20. Then it popped a few dollars. Then the rumours started talking about 20 million cut, it popped to 28. Now we have the news and it's 10 million, so imho it should be rangy for a while. I don't see a homerun there either long or short.With OPEC cutting oil supply, you would think the market should rally big time. But we're chopping instead, which means?? We're due for a pullback.