Figure it out.
Wednesday drops from 2% up to 3.5% down mid day.
Thursday drops from 1.4% up to 0.3% down
Friday starts out down 1%.....will it drop again mid day? Probably
Dead cat bounce intraday. I'll take this right back down to the low of the day at closing
For those of you who just bought at that low, its obvious that this stock is not going to be up 2%, then down 2% and then up again. You might as well sell now
You can read the PDF on the EIA website. It was a 10.4m build for Crude, 2.9m build for distillates and -1.5m draw for gasoline. This is a 11.8m build across the 3. This compares to a 0.3m net draw last week across the 3 of these . Look out today