Oil/Oil Service Vulnerable
Internet
(
$DOT.X |
Quote |
Chart |
News |
PowerRating),
mentioned recently, continues to sell off. This action suggests that it is
resuming its downtrend. Continue to look to for buying opportunities in puts
and put spreads here.
Oil service
(
$OSX.X |
Quote |
Chart |
News |
PowerRating)
appears to be making a shallow pullback and looks poised to continue its strong
downtrend. Look for buying opportunities in puts and put spreads here.
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The major oils
(
$XOI.X |
Quote |
Chart |
News |
PowerRating), mentioned
recently, still look vulnerable. Continue to look for buying
opportunities in puts and put spreads here.
Best of
luck with your trading on Friday!
P.S. Reminder:
Protective stops on every trade!