Thursday, May 28, 2015

May 28 - Staying out of equities, long USO, short UUP

Tomorrow looks like a decent bullish set up but there isn't much of an edge.  For now, I am taking a back seat to equities positions until things settle out or hit an extreme.  Entered USO long and UUP shorts based on churn outside of the BB's.  I particularly like the UUP short and am looking for this to be a 1-2+ wk long trade.

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