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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (17972)3/18/2016 10:09:46 AM
From: robert b furman  Respond to of 33421
 
Do you think the weaker Dollar will support that complete fall back to 30?

Bob

Dr Copper looks better as well..



To: John Pitera who wrote (17972)3/18/2016 10:27:50 AM
From: John Pitera1 Recommendation

Recommended By
Davy Crockett

  Respond to of 33421
 
one more note on Crude ----- the June Nymex open interest is 229,000 contracts.... and Dec 2016 is already 192,000 contracts. That will be a blast if Dec overtakes June in Open interest in the next week or two. If and when that happens that will be our signal for a trading top in Crude. a Great place to sell the sector and the futures for a trade, I believe.

John