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mnovo
Jun 8, 2020 1:34 PM

HSE and other oil 

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update
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Nocturnidae
I don't know. Goldman Sachs just went bearish on oil and hedge funds are opening up shorts on oil because frackers will come back on line at these prices. Also, China and India will stop buying huge amounts of oil that they were buying due to a low global price. Plus the US unemployment numbers were based on the PPP loan and it's original date of ending would be 8 weeks ago, so for the next month, PPP supported jobs will soon go back on unemployment. I think your original idea of a large correction is probably correct and should start this week. Could you create a analysis based on this idea?
JCDAIAN
thank you again ,I really appreciate it , !!
MrLotus
Very interesting, thanks for sharing!
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