Brent’s prompt timespread is 12 cents in backwardation, a bullish structure where near-term prices are more expensive than later-dated ones.
The price move occurred on volume that was up 21.38% from the day prior, but down 19.94% from the same day the week before.
Given that we see an uptrend on the 20 and 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
For another vantage point, consider that exxon mobil corp’s price has gone up 7 of the previous 14 trading days.
Eastern, but military and overseas voters have an extra three days as long as they mail their ballots by tuesday.
For additional context, note that price has gone up 16 out of the past 30 days.
This is the 2nd consecutive hour exxon mobil has seen its price head up.
Mm played with me all day missing my .60 for writing those 100 1/8 $40.50 puts… even with this eod dip, it got back to .58/.59 spread.
Given that we see downtrend on the 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
Was supposed to wait for $41.70 for any puts (.90) and tired brain just executed ahead of schedule.