NYMEX:CL1!   Light Crude Oil Futures
Crude Oil is Dangerous, as CL defended Micro Support.

It can retrace prior to the Next Sell

OR

It can implode to 57, we believe it will, just not yet.

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USA and OPEC are in no way increasing Production, pure
comedy at this point. The Press Release was a convoluted
amalgam of nothing.

No Change in Plans, but our Plans will INDEED Change.

400KBPD over/under was used to Squeeze.

"All is well or appears to be - so we'll let ya's know in a
few weeks as we intend to keep the meeting open in
perpetuity".

Idiocy, convoluted idiocy.

Simply Put, they will be making Cuts, but need price
far more stable as we don't want $20 Crude Oil .

Which they may well see.

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Extreme danger here, we got cute buying the PO Yesterday
and were not around to manage so we closed after 133 Ticks.

It reversed 500 off the lows... a very large Squeeze.

68.68 PO has held into 8:30 AM EST



Comment: U.S. Secretary of State Antony Blinken Today - "The latest round of Iran nuclear talks ended because Iran right now does not seem to be serious about doing what is necessary to return to compliance with the Terms of the Deal."

Iran sells their Oil to China at a Deep Discount to Global Markets.
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