*note the hourly MACD (blue bar histogram) equity cycle, we're set to get a bullish cross in the 10am hour.
Yesterday's closing daily candle was pretty clear, a spike floor, and this mornings opening weakness is just a tease to the bears.
The dividend cut for Conoco is to be expected, but that still doesn't merit as industry capitulation. Companies are going to need to... disappear.
*Interesting coverage on drug pricing on clown finance TV.. with Shkreli of Turing, set to speak.
|'On the advice of counsel....'|