CL - Into the Gap Fill

Crude Oil FuturesNYMEX

Description

⋅ Jan 6, 2022 4:34 PM

81.12 to 83.32 are not open for the Fill and Overthrow.

There is plenty of Oil regardless of API / EIA Non0-sense.

Hookahs are having a party at Virtual Davos this Year.

Bless them, them as the Sultan is worth $2.1 Trillion, makes
Gates, Buffet, Besos, and Elon look like Pikers.

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NQ will be in trade on NPK for Spring Argo-Biz and reformulations.

CL usually peaks this time of YEar with Nasty January / February effect
now in trade due to December effect push forward.

All in all it's broken the Channel we indicated would be important for the
toss over, mission accomplished.

It's been giving SELLERs Hell on a pitchfork, why then keep coming back
is beyond me, but we will gladly pick their pockets,

Comments

digicool

⋅ Jan 6, 2022 4:45 PM

Everyone on CNBC are touting energy and energy equities as the "underinvested" area of the market that will see money flowing in 2022. Ridiculous as it may sound, when enough of those guys buy this, it has only one way to go. Airlines cancelling 1600 flights weekly ongoing... plastic supplychains disrupted... where would these excesses flow?

HK_L61

⋅ Jan 6, 2022 4:55 PM

@digicool, And why it will be smoked again. Patience as the Variants have a role :)

81 - 83 sellers are all in..