Hi Humair what’s the position of oil for next week ..? It never came below £30
HumairDawood
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@HealthIsWealth, I doubt this is going back to $30.00 now unless they decide to cut extension in the next OPEC meeting. I will look for buy entries, and won't risk SELLING it.
gbenashvili
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Why do you not think that 8-10$ drop is too high?
HumairDawood
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@gbenashvili, Have a look at chart on D and see how far corrective structure moves on OIl generally.