Watch USO carefully, this may be a Crazy Ivan shakeout...
The intraday triangle and a break below it, if we see a break above, then everyone is being shaken out and we have a Crazy Ivan shakeout, the end result expected would still be a move to the downside after an upside shakeout.
I just opened the Risk Asset Layout so I don't have 3C open, I'll check USO as soon as I'm done with the Risk Asset Layout and update you if there's anything to see or know.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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