Seen this coming at 2:30We all know that around 2-3pm US traders start to unwind their trades for the day no different than Overseas starts exiting around 8:30am here we are $77 Oil with the US once again pushing Oil lower Oil is now only $4 from $73 lowest point in Jan so this is a significant change from prior weeks but we all knew that at first prediction of China's reopening would have Oil average at $79 so its right on track the bulls need extremely bullish data to break through $83+ and stay above once again resistance held for 2 months now keeping Oil under $82 we'll see if positive China data tonight will be enough to put a floor under Oil lets hope that Jan numbers are better.
Optimism, Pessimism, and Realism