Bryan Piskorowski
Bryan Piskorowski
continues market moves oil recover tends volume
The market continues to be correlated with oil prices, and the volume is thin, which tends to exacerbate any moves the market makes. That having been said, we have managed to recover from the morning's lows, which is a positive.
positive shift structural
You've got HP today. You also have a structural shift, a seasonal shift that is very positive right now.
market
The market is not going to be applauding this,
building cause few means news next profit support taking
All of this building up with very little fundamentally to support it makes us vulnerable. It probably means there's going to be some news in the next few sessions that will cause some profit taking to come into play.