TradingView
Razor1Fish
Jun 14, 2018 8:51 PM

WTI: US OIL - Neutral 

WTI CRUDE OILTVC

Description

Rather wait for further PA to determine entry position

Comment

The PA is pretty firm around that MA20 on the Bollinger Band, so I am expecting Oil to make a landfall this week towards 61.0 area

Comment

Fundamentally, Oil has become weak due to compliance of Ope members to Trumps request to increase the supply, and weakening political strength of the Opec as a Cartel organization. I dont expect much strength to come from thier upcoming Opec meetings.
Comments
Razor1Fish
Fundamentally, Oil has become weak due to compliance of Ope members to Trumps request to increase the supply, and weakening political strength of the Opec as a Cartel organization. I dont expect much strength to come from thier upcoming Opec meetings..
Razor1Fish
More