DislikedOh well another day another down day for oil. $1.64 from yesterday almost 6%. I think we will see $25 soon. {image}Ignored
Can you afford to take that chance?
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DislikedOh well another day another down day for oil. $1.64 from yesterday almost 6%. I think we will see $25 soon. {image}Ignored
Disliked{quote} We are already pass that, it is crazy... Will wait another week tops than I am jumping on the SLIDE, if there will be any left since this price is crazy!Ignored
I thought that the lunacy would stop around $25 but I was so wrong since the price flew through that price to reach a low of $20.26 today before recovering to $22.56. Notwithstanding this is a decrease of $4.31 or 16% from yesterday's close.
Disliked{quote} I thought that the lunacy would stop around $25 but I was so wrong since the price flew through that price to reach a low of $20.26 today before recovering to $22.56. Notwithstanding this is a decrease of $4.31 or 16% from yesterday's close. {image}Ignored
Disliked{quote} Yea man, total disconect from the market.. So awaiting critical data from the first days of next week and then I will decide to either KEEP following the model or to CORONA SURF it down to wherever it wants to go... and won't assume any bottom But need it a few (working days) first.. just to confirm/reject my thesis or to see if still total disconnect from the market is expected...Ignored
Disliked{quote} Well your model might be right with WTI going up by $2.82 or 12.5% today to the critical level of $25 Time will tell if sanity is taking hold of this crazy market {image}Ignored
DislikedHoly crap, raising good! Let's see if it holds.. Don't see why not but will wait a few days into next week, just to be "sure" since we have seen many (unbelievable) surprises in the last weeks ;DIgnored
DislikedHoly crap, raising good! Let's see if it holds.. Don't see why not but will wait a few days into next week, just to be "sure" since we have seen many (unbelievable) surprises in the last weeks ;DIgnored
Disliked{quote} Sorry but it did not hold. WTI lost $2.04 from yesterday's close to $23.34. Maybe we will see a consolidation between $22 and $26. {image}Ignored
Disliked{quote} {quote} Yup, hence, will wait first few days of next week to see when this is going... Hope there will be some "clues"Ignored
DislikedIt sure looks like WTI is on a consolidation mode the price hardly moving from Friday's close {image}Ignored
Disliked{quote} Second part of the week will most probably give me some clues for either direction Still awaiting to jump on the BUY side aka RIDING the bull BUT! am ready to admit my bet is wrong and wouldn't mind to earn with shorting, sliding down to wherever it can go.. seems there is no firm bottom anymore So awaiting for more/critical data, specially for THU, FRIIgnored
DislikedOil is being fed into market and consumption ia dropping day by day with every country going for lock down. With cases of covid-19 being inc world wide and in america. I perwonlly belive the ratio of demand vs supply is still in favour of bearish outlook.. And i dont see oil ralling back towards 25$ or above unless aome positive news from opec+ or russia or covid-19 decreases. My personl view is oil will fluctuate between 20$ to max 24$ in next week too under no exceptional news...Ignored
Disliked{quote} Its look like consolidating because 20$ is a big support.... But one news against crude oil and we will see 20$ broken.... So lets seeIgnored