Bottom for WTI on the next weeks

FX:USOIL   CFDs on Crude Oil (WTI)
After reach 38, wti will probably resume fall and get to around 20$, wich in my analysis can be a bottom zone from where the Oil             will surge to a larger recuperation.
62.61 then 51.94 then probably 41 is next not 38, before it falls. Downward - 36.26 then 26.91, probably 16 is next?? Just an intuition? Who knows?
Hopefully that chart performs better than the grammar and punctuation in the explanation. A chart is worthless in this circumstance anyway. Oil is trading not in the fundamentals of supply, demand and production but producer's "smack" talking of the market upwards. Oil is going into the low 40's and will pull back as soon as the Sunni petro states loose their ability to frustrate shipments out of Shi'ite Iran. It is the lack of Iranian oil that was expected by now that allows for the market to move upwards with this jaw-boning bearish talk from major producers.
f1l1per. ChristopherMorganGilcrest
Your comment is worthless to my chart. There are other places which you can whine about fundamentals and politics. Thank you.
I totally agree, already ordered a short at 38.6:)
f1l1per. Petaryot
Thx, friend!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out