GO WITH THE FLOW . . . trade the ebb . . . steady as she goes

Ugly Old Goat
8 min readMar 13, 2019

Just this shorty why is this market different from last October when I was long at 6,000 reversed and went short. . . . or why I am bullish, not bearish. . . and will be quite surprised if we break 3,000 before we go up substantially . . . if we can break 3,000 at all.

I have been asked this several times . . . so here goes.

Basis was in prolonged backwardation is number one, the fact that we are above the two week high is number two, and the fact that in April we will be approaching a Tone Vays…

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