Our overview: Conflicting API data once again suggests caution. Big draw in crude counter with big build in gasoline and distillates. Trends analysis: Primary(purple): upward corrective structure wave C, intermediate(green): upward impulsive structure wave 3, minor(yellow): upward impulsive structure wave 2.
Our current strategy: Still moderately Long looking to follow the trend's wave with first target @$74.00. Our current position's risk profile @$71.50: delta +0.20, gamma +0.21 Hedging point: on breakout $71.30
Our current strategy: Still moderately Long looking to follow the trend's wave with first target @$74.00. Our current position's risk profile @$71.50: delta +0.20, gamma +0.21 Hedging point: on breakout $71.30
Delta Zero team.
