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Pascal
01-12-2016, 01:00 PM
I think that oil is trying to stage a bounce, which could push markets higher int the end of the week options expiration.

SCO attracting money, on top of its envelope and the Breakout Calculator shows that based on the past 1500 days, shorting SCO 20% above its 5MA has provided a good R/R.

The big issue is that the market is still weak. So some patience is required.



Pascal


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