Interesting day.... Shorts playing catch up ahead of the next big move in oil......Clear indication that BTE has been oversold due to short sellers manipulating it lower.....
Don't want to get ahead of myself but BTE is seriously undevalued and SP should be $10-$12+ if oil can get back to $50-$60.....
As mentioned in previous post the USD will be faced with challenges in Q4 which should help support oil...