RE:Oversold ...Indicator, if you are around, what are your thoughts? A few weeks of sideways consolidation and moving toward strong season. I am still on sidelines but think it may be close to time. Hate to miss the big shot up outta nowhere, lol.
Indicator wrote: Could be the bottom, could be beginning of sideways firming, but no strong sign of turn up just yet.
Headlines driving market.
Trouble is when NVA turns, like others have said, it's likely to move fast, so I am ok (so far) buying in here and waiting it out through tax loss season.
Jan/Feb is *typically* begining of seasonal strength for Oil.
Good luck.