Called the same analysis earlier with my buddies...what do you think about this?
TayFx
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@oluwatobiogunsemore, nice. I dont use indicators tho so I cant give honest feedback
husseinAlwan
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Great job, given the results of the meeting (OPEC+), and the slowdown of the economic activities, in addition to the huge inventories, I think any cut will have a limited and indirect effect on the price, since the importer can barging using their inventories.
TayFx
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@husseinAlwan, yes. With tanks overflowing in most countries other than the US, SA, and Russia, stocking up with a higher margin on lower multiples is free money to them. How do people not see that they are all closer friends than enemies? The one's who've lost are the blue collar workers. They've gotten the SH.. end of the deal. I know a family friend who's dad lost close to 80% of his 45 year retirement in 21 days (HAL , HAL)
AR_Mackiavelli
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This was spot on. Do you think this will gap down further over the Easter weekend?