Sell on Mid-East tension rallies seems to be the preferred strategy these days
Risk off across the board with oil down 2%.
Trading strategies looks fixed at sell-on-rallies ignited by Mid-East tensions. It is of course a risk-off day today so everything is red and Brent crude joining in by selling off 2% to USD 76.
8/b.
But the sense of oil market dynamics these days is that it.