I hope you all had a great weekend! I did some videos that really show where we most likely are going this week. I also have a chart on BP that looks like it's about to peter out here very soon. Most of you know that they are trying to recap the gushing spill this week, they have removed the one they put on in May that is hardly capturing any of the gushing oil and now have removed that one, so there is no cap at all for several days.
We shall see if they competently recap the break fully or it becomes another disaster. The stock has retraced some of it's fall and was looking weak on Friday, but then this news came out and they rallied it back up>>>>Buy the rumor...sell the news plus the chart is very overbought on the lower indicators on the 15/30/60/4 hour and daily. Watch the videos and enjoy and have a wonderful week
