kizly
Short

Still not time for long oil

TVC:USOIL   WTI CRUDE OIL
55 3 0
3 months ago
Free fall till support - 46,50-46,50 or even to support line at 46.xx

I wouldn't short now. Who is not on train now it is too risky.
3 months ago
Comment:
snapshot


First support reached
3 months ago
Comment:
snapshot

support reaached see comment
3 months ago
Comment:
snapshot


Long term support still holding but I have the feeling if EIA confirms API free fall to 43 range can begin.

I might open DWTI position with SL app. 46,50 - but after initial spikes. It could be "spiky" EIA today, algos could go nuts
3 months ago
Comment: 43 coming
veryevilone PRO
3 months ago
Oil could be going back to test $40 within next 14 days.
Reply
kizly veryevilone
3 months ago
I beleive it will not go below 43, but with OPEC you never know, the hedges have been made...
+1 Reply
kizly
3 months ago
snapshot

Second support reached. If the API and EIA are bad support could be broken and free fall to 43,xx opened
Reply
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