Chop-aroo

[troyresearch]

Sorry just a bit punch-drunk from the last couple of days' intra day moves. Any opinions on which way it looks likely to go (and, yes, I watch a number of indicators) against the backdrop of (probably rising) US crude inventories tomorrow (Wed) vs. a pugilistic Iranian regime. Sorry to be so basic (Reuters is in its coverage) so maybe I can be too... 🙄

 

[Pitscum]

hey if you have got some fingers left then you did well the last few days

 

[troyresearch]

Yup, incredible moves and only goes to show that there are times when you should ignore what all the analysts are predicting (cf. growing surplus of crude inventories).

Any thoughts as to whether a breakout above 6450 looks likely? If so, where would you be setting your target? Does the wedge look solid, as it were?