is at a critical point right now. It seems that the large H&S
has played out and quickly retreated after Trump tweeted about a potential deal between Saudi and Russia to cut oil
production by 15 million barrels. No one
knows exactly what the outcome of the OPEC talk occurring next Monday is going to be. If the plan falls through and political tensions escalate, then SCO
will bounce hard. The demand for crude is very low and the supply keeps increasing! If the deal fails, and the important support level
of $17.50 to $19.00 breaks, then expect major downside. It could go either direction Monday. Bitcoin
and traditional markets are also at critical points based on technicals. My gut is telling me Russia might endure so US and Saudi experience more pain. Of course don't trade off my gut, I could be completely wrong! GLTA.