Oil: Next Stop 86?
Oil is following the price action trend beautifully as my shorts are giving me a good play on Oil.
Oil will fall till 85 while the wildfires rage. Demand and supply wont be the only factors driving oil. Political considerations, Socio-Political issues, and Geopolitics is going to drive the price of oil towards the mid 80s.
I am currently SHORT on oil.
Oil is following the price action trend beautifully as my shorts are giving me a good play on Oil.
Oil will fall till 85 while the wildfires rage. Demand and supply wont be the only factors driving oil. Political considerations, Socio-Political issues, and Geopolitics is going to drive the price of oil towards the mid 80s.
I am currently SHORT on oil.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.