Will fall to $90 in tandem with the SPX with another huge rate hike in July.

$60? Wow idk. Be careful, Biden meeting with oil execs today.

Buying the temporary bounce at $100 but the real rally is $90

$107 next week then up.

The Fed is succeeding. I have a feeling the REAL rush to the exit is coming because now the Fed balance sheet is being rolled off PLUS more hikes to come. This is just the start.

The real bounce will be at $110 I think. 50 DMA.

Get ready, the stock market and economy are about to crash. No way energy costs this high can be withstood.

Here comes the correction. They will hurt the shorts for a while and then tonight in London it should drop hard. OPEC production increase, inventory builds and 2 huge rate hikes around the corner. Im short at $120 but can cut that loss and keep ...

I want to go long also but the CPI numbers Friday for May. A high number and the market will flash translate it as the Fed having to come down heavier to bring inflation down. I'll wait.

Oil will crash soon enough.

I hope so for everyone's sake. Jamie Dimon today; $150 to $175 a possibility this summer? I wonder how much of this is a self fulfilling prophecy as banks crowd into the energy space. Even $130 will start crashing the entire stock market and the ...

Seeing The NASDAQ futures now after a severe sell off in the NY session, I have a bad feeling we are going to see a Black Monday Event.

Bought the dip today at $108. Will dollar cost average if it goes lower. This strategy will be easy until that day when there is a volatility shock to the equities market and everything just plummets. Coming within a couple months.

Must be some resistance at $115. This is getting scary for the rest of the market with $4 or more gas in all 50 states for the 1st time in history.

We touched the 50 Day MA 3 times and it was a well respected support. When that finally fails the support is the 100 Day MA at $95

Despite all bearish factors every single dip is bought. Stay long and bullish guys.

Embargo will take a while to sign off on and China lockdowns with the recent macro economic environment shows stagflation is setting in. It is offsetting the bullish demand and sanctions.

API data shows a build of 1.6 Million barrels. Demand destruction is beginning with China exports dropping. Inflation data tomorrow.

I see that 92 to 94 range now thanks.

Seasonality says so also longer term.