MBCC Trading Highlights 19th October'22 - market is trying to break higher hoping for a Fed "pivot", will they get it? And Oil continues to fall lower, where can it go?

How is the market tee’d up into the Fed FOMC in November? What does positioning and sentiment plus derivative set up reveal. We discuss the pain trade and tactical view vs. the secular view. Bear markets have a nasty way of trapping the bears and sucking in the bears.

We have been short Oil for last few months, where do we see it going still? Why we think Oil Equities have more to fall, it is not about how “cheap” they are. Oil has been falling 40%, regardless of everyone claiming Oil is running out, why? All this and more discussed in today’s note with live trading ideas.