USOIL ALMOST AT FIB LEVEL 0.618 (29.71) AFTER PRES. TRUMP SAID HE EXPECTS SAUDI ARABIA & RUSSIA TO REACH A DEAL THAT WILL END THEIR OIL PRICE WAR IN THE NEAR FUTURE I'LL BE LOOKING FOR LONG IDEAS WHEN IT COMES TO OIL..
IF WE RETRACE LOOKING AT FIB LEVEL 0.5 ( 27.69) THEN CONTINUATION TO THE UPSIDE
The war was never between Saudi and Russia, its about US becoming the largest producer. If Saudi and Russia are the only one cutting and US continues producing, I don't believe there will be a deal to make, specially if US is not even on the table.