This is basically same chart I showed previously, but I'm long oil with multiple buys in 49 range as I mentioned in that previous chart. Basically the keyword is peaked and lot of reports out of China the virus has peaked. With all the Fed pumping I noted in previous chart with links to information about it, indexes going higher will pull oil up along for the ride - money flow. You can see the correlation here with ES and oil.
As with previous virus when peaked, again keyword is peaked, markets took off afterwards and in this case oil too. See here www.flickr.com/photo...n/dateposted-public/
As with previous virus when peaked, again keyword is peaked, markets took off afterwards and in this case oil too. See here www.flickr.com/photo...n/dateposted-public/
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My target is 60