No problem, just a simple cut & paste on my end ;-)

All kidding aside, if I had even a half-decent read on the charts or any idea on which way the recent trading range in crude might break, I wouldn’t hesitate sharing it. Again, I’d rather be clear that I don’t have an opinion than render one just for the sake of doing so.

Trading is all about waiting patiently for the most attractive setups & not forcing trades on any one stock, sector or index unless you can make a clearly bullish or bearish case & even then, it’s best to wait until you have a clearly defined objective entry, such as a breakout or pullback to support, that offers an attractive R/R based on the likely price targets and an objective stop-loss level. Going long or short crude here would just be a crap shoot IMO & is likely to prove a frustrating trade even if not stopped out, assuming that crude continued to grind in a tight sideways trading range for a while.

Unfortunately I don’t Toby. I was asked my thoughts on crude oil in the trading room last week & I’ve pasted my reply below. Nothing in the charts has changed since then with crude still locked in that sideways trading range. Better fish to fry right now than oil IMO.

rsotc replied 7 days ago

Crude oil has been trading in an extremely, unusually tight sideways trading range since early December. As such, I can’t ascertain much from the charts as to when or in which direction crude is likely to break out of that range. Sorry I can’t be of more help but if I don’t have a decent read on a chart, I find it best not to try to render an opinion vs. throw out my best guess.
Feel free to ask me for another opinion on crude soon, especially if it starts to break out of the recent range & begin trending up or down.