Oil futures getting crushed today, breakdown playing out as expected.
Full transparency: closed my short yesterday, so I'm not riding this drop. Just took a day trade long at $87.50 — solid support level but way too close to range midpoint for a swing.
$80 could work as an aggressive swing entry, but I think we could flush straight to $70 if peace deal headlines drop. Not interested in holding anything long-term above $74.
Day trade only here. Lock profits fast or cut it clean.
Full transparency: closed my short yesterday, so I'm not riding this drop. Just took a day trade long at $87.50 — solid support level but way too close to range midpoint for a swing.
$80 could work as an aggressive swing entry, but I think we could flush straight to $70 if peace deal headlines drop. Not interested in holding anything long-term above $74.
Day trade only here. Lock profits fast or cut it clean.
