I agree on your idea that once the trend changes there's 'a LOT!' of margin to gain,
but because of the current situation of the virus in China, I don't see any reason for the trend change just yet...
I'm thinking China's production will have to resume to a normal state for the demand of crude oil to increase for the trend change to occur
which might take some time
but because of the current situation of the virus in China, I don't see any reason for the trend change just yet...
I'm thinking China's production will have to resume to a normal state for the demand of crude oil to increase for the trend change to occur
which might take some time
If the trend continues.... 42.5 might come!