DONT BE FOOLISH
SUPPLY > DEMAND
MARKET TOPPED
SEASONAL WEAKNESS
REFINERY MAINTENANCE
NO OPEC DEAL
RECORD INVENTORY
RIGS INCREASING
GOODNIGHT OIL. SLEEP TIGHT.
SUPPLY > DEMAND
MARKET TOPPED
SEASONAL WEAKNESS
REFINERY MAINTENANCE
NO OPEC DEAL
RECORD INVENTORY
RIGS INCREASING
GOODNIGHT OIL. SLEEP TIGHT.
Bình luận:
Aggressively short here
Rip up and total collapse.
Big rally in the dollar.
Hawkish Fed.
Increasing US production.
Falling Chinese Demand.
Most importantly the 50 day has broken below the 100 day. The last time this happened we were in the midst of a $23 collapse, which this time brings us right to our target.
Next week it starts.
IF YOU DO NOT WANT TO SHORT FINE. BUT DO NOT GET LONG.
THIS IS NOT THE TIME.