BigEz
Short

Can it really be this easy.... short answer, sometimes.

FX:USOIL   Crude Oil (WTI)
oil
384 4 3
oil
10 months ago
Technical analysis has gotten pretty sophisticated... but like any data loop, action taken, drive patterns, which drive actions. But when the forces at work are manipulating price in ways that don't feed the data loop, patterns can give false readings.

Step back and look at the forest. Don't fight the tide. Until someone closes the drain, it will continue to go down.

Stay short my Friends...

10 months ago
Comment: OPEC crude production climbed in January to the highest level in Bloomberg data going back 20 years....
http://www.houmatoday.com/article/20160129/WIRE/160129646

Saudi has no love or trust with Russia.
http://gulfnews.com/business/sectors/features/saudi-russian-differences-will-not-be-easily-bridged-1.1664387
X87
10 months ago
That 's correct. Look at the forest. During last days normal correction and merely rumors, but here we go again. Tomorrow wait for API weekly stocks to confirm.
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webmiztriz PRO
10 months ago
wow.. well said. ;)
Reply
BigEz
10 months ago
Dance!
I need to keep a copy.... I think I will be say the same next month.
Reply
BigEz
10 months ago
Like a snake, our ass needs to catch up to our brain... We continue to slink down.
+1 Reply
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