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squawk replied Aug 3, 2016I agree Scott short term. Long term looking for RBNZ cut and rebound or range on crude between 40 ish and 50 over coming weeks.


Mr. Scott's Crayon Thread
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squawk replied Aug 3, 2016Got some movement. Short term profit taking?or longer term position. I'm in for the second but think we will get some moving around and maybe another go at the top.
Mr. Scott's Crayon Thread
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squawk replied Aug 3, 2016Crude, interesting where we go from here soon. Downward seems to be have caused by the overestimation from the refineries for summer. The seasonal summer spread at 13 bucks compared to 28 last driving season last year. Is it turning back over? ...
Mr. Scott's Crayon Thread
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squawk replied Aug 3, 2016Some nice conformation strength may be shifting.
Mr. Scott's Crayon Thread
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squawk replied Aug 3, 2016Hope so.... positions mostly on the crosses with NZD.

You would have to expect some VOL running into next week.Mr. Scott's Crayon Thread
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squawk replied Aug 3, 2016Nice Ben, Traded SPX yesterday, haven't traded in a while. Put some small shorts which I suspect wil be stopped out. Market just seems to be getting strannnnnger and strannnnger. You can just feel it. video
Mr. Scott's Crayon Thread
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squawk replied Aug 3, 2016[quote=squawk;9059629] (Just my opinion on long term trade setup) From what I see these 2 areas have been the strongest mid level. So could hold from here although there hasn't really been any strong bidding reaction at this level yet. Think it all ...
Mr. Scott's Crayon Thread
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squawk replied Aug 2, 2016Bid up against rate cut at the level (GOOD SIGN) see if we can hold through dairy auction. View - Can be a great signal of change. Need to see NZD (in red) pushing further and below AUD/USD NZD/USD AUDN/NZD
Mr. Scott's Crayon Thread
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squawk replied Aug 2, 2016Scott I know you had the 127 extension marked for this one somewhere here. Similar pattern as last swing.
Mr. Scott's Crayon Thread
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squawk replied Aug 2, 2016Interesting now where we go from here. BOE and NZ up next.
Mr. Scott's Crayon Thread
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squawk replied Aug 1, 2016And then there was Industrials. Hard to see a sustained rotation into commodities without playing out more of a bottom. Steel a whopping 123% for the year.
Mr. Scott's Crayon Thread
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squawk replied Aug 1, 2016Palladium is leaving other precious metals in the dust. Well for the last month anyway. url
Mr. Scott's Crayon Thread