USOIL - short trade idea in $101 - $105 range
Starting to look extended, but more upside appears baked-in.
Contra-trade idea is NNRGD or
DRIP, but 
WTI can stay extended for a while.
$100 probably a psychological resistance level and will garner much prognostication on TV.
Putin/ Ukraine will be headline event trigger, causing spike (GUSH).
See a chance ofWTI pulling back into the linear regression channel.
If it stays elevated, this will have a cooling off effect on US economy (individual consumer).
This is a tough market.
Contra-trade idea is NNRGD or
DRIP, but WTI can stay extended for a while.$100 probably a psychological resistance level and will garner much prognostication on TV.
Putin/ Ukraine will be headline event trigger, causing spike (
GUSH).See a chance of
WTI pulling back into the linear regression channel.If it stays elevated, this will have a cooling off effect on US economy (individual consumer).
This is a tough market.
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