Mecheng46

Mecheng46

In 2018 when the planet was kind of normal oil hit $77 and then slowly dropped down to $42. 3 years later WTI hit the same level and this time oil demand is under a bit of pressure from Covid19 waves etc. I won't be surprised to see oil dropping to ~$45 before in the next few months and then head back to triple digits from 2014.

Mecheng46

Short

Mecheng46

Heading to $41

Mecheng46

Trend crossovers

Mecheng46

USOIL Structure