Market chopped at top today. With mixed earning news it appears that pros are evaluating the current economical condition and direction. It's in consolidation mode in TA's view. We could go to challenge the high or form a double top here. Tomorrow is triple witch options expiration Friday. There could be some volatile chops base on past experience.
Grains and CL are in consolidation as well. No trade was filled in this front. I tried to enter RUT and IWM credit spreads but no fill either. I am at a little better than break even with my CL $90 now. My order is in place to exit half with a bite more decay or push up in price. CL may move up to test Fib 38% RT at 94.85-95 area which is a CLVN too.
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