TradingView
FINTEL_Brief
Apr 4, 2023 4:04 AM

XOP Bullish move through $150  Long

SPDR S&P Oil & Gas Explor & ProductArca

Description

Clearly, anyone tracking the recent Saudi cuts in oil production understands that this mixed with the new Chinese trend of buying oil in yuan and creating the "petroyuan," will generate a price increase based on supply/demand fundamentals.
Comments
zAngus
Hello, good work on sharing your first idea with the community. We hope you enjoyed the publishing process. Have an awesome day!

From mod @zAngus
FINTEL_Brief
@zAngus, Thank you!
More