Sell every pop. Oil is in really big trouble. Length is extremely foolish here. Seasonal weakness, maintenance season, and record inventories.
Comments
SupraBoy
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Haha, let's see next month. I think you are in big trouble.
hittkts
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what makes a market. thanks for constructive feedback.
CaptainPants
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Structurally this does not look like a HS to me. . . I'd be really careful with shorts outside of intraday trades while it is still maintaining the current flag line.
hittkts
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feel good about shorts up to the years high. thanks for the comments.
DaleShafer
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Expanded to 1 year, I actually see a head and shoulders BOTTOM with a neck line at $40, and think oil could break resistance at $50 in the near term.
Thoughts?
hittkts
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no ones made any money being long oil in the fall since the shale era started
DaleShafer
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Definitely trading within the shale band... it's been interesting to watch over the past year, no doubt.
StanLeee
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Ain't gonna happen. We are in the correction of wave 2.
Expect the price to reach 70's.
Regards,
Stanley
MeshalAlnashri
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hi, i've been trying to get a usoil chart so i could analyse it but i can't ind it, do you know what quote i should insert in the search bar to get an oil chart oil/usd?