RE: Come on TA crew...26 Feb 2021 11:08
''VIX was flashed above 30 today - a turbulent March looks to be on the cards, with money to be made for the brave.. whether that is longs or shorts means remains to be seen. Strong gains, with the FTSE hovering around a strong resistance line, has me leaning to the bearish side. BP has enjoyed strong momentum recently, but should still provide some more buying opportunities as volatility increases.
Momentum in oil only slowly dissipating, with Brent heading for $73-74 over the next few months (unless OPEC have other, dramatic ideas). Perhaps a correction over the shorter term, given the impressive momentum of late - pushed through $57 with surprising ease.'' extremely verbose.Short version------ things will happen.