As I said past weeks... this is not going down for me. I'm LONG since 48... Hughe bullish divergence (arows). If CL can close above 53,50 is going to EXPLODE higher to 75. IF and only IF it close below 47,50 then the bets ar off, because is going to 44 and maybe 38
It will never EXPLODE as you hope.
Frackers will start pumping oil as fast as they can to pay the bills and bring down the price.
Don't be delusional.
fjtoledanob9
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yes maybe, who knows... im not into the fundamental thing, just technical analysis... and the graph is telling me that this is going to 73/75... today we have a kind of explode move (+5%)... we must see a close above 52.5 tomorrow for mi idea to play out, that is, strong and fast move to the upside...
Frackers will start pumping oil as fast as they can to pay the bills and bring down the price.
Don't be delusional.