We need to break down to pull in new buyers, alot of people want to join the oil rally, but their waiting for ages for the pullback, i think it is comming soon
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It worked out as planned. New idea in new chart, the fall was to powerfull, now at 200ma, i think it may go to 300ma
Hi perdp,
As at Feb 7 the CoT position was about 420k long vs about 68k short for managed money (hedge funds etc) (source CME Group). They dominate trade over retail.
I agree with your Long view but for different reasons.
At the end of the day, we will achieve the same result, albeit from different paths.
Nice work
Murray
As at Feb 7 the CoT position was about 420k long vs about 68k short for managed money (hedge funds etc) (source CME Group). They dominate trade over retail.
I agree with your Long view but for different reasons.
At the end of the day, we will achieve the same result, albeit from different paths.
Nice work
Murray