DislikedI am expecting the oil to rise for this week because of: •Trade deal optimism between china and US, and phase one to be signed soon. •Tension escalation between US and Iran seems to be not over. •U.S shale production seems to be slowing down. •COT data for the last week is still on the long side. To watch out for the upcoming economic data this week.Ignored
Tension is hard to play, but equities is not seeing any tension so far.
US shale production i may agree
COT data ? which one you look at to say they are long? which category you look at ?
COT : the precious data ignored