Trend outlook
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Loaded up on the drop
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All I see are bearish oil ideas being posted. There was a «failed intermediate cycle». Lol. May very well be, but next week is gonna be massively bullish movement. Then, the week after, I will go short on the report when they are all bullish again :)
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Oil gapped a bit down but reversed quickly. Cycle is up, then price shall go up with it, no matter what the short term noise is on china, tariffs or whatever.
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Today I started to read increasingly number of bullish oil posts. The beginning of the week 3 of 4 were bearish posts.
Now they sound "Broke out bla bla bla". But come on, the cycle is getting ready for pullback.
Now they sound "Broke out bla bla bla". But come on, the cycle is getting ready for pullback.
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Position got sold out today. The very top came in 1 day early. Getting ready for short Tuesday