Oil's moving on war headlines and Hormuz noise, but the chart levels are still holding with scary precision. People keep telling me technicals are useless here and my shorts will blow up — yet the trades are working.
Three forces run every market at once: insider trading, fundamentals, and technicals.
Insider trading? It's real, it's disgusting, and it's getting worse. But I can't fix it, so I don't waste energy on it.
Fundamentals? They matter — especially in oil right now. I follow the news...