Think Again! Earlier today I've made a comment about SHORTING The Over Supply. lnkd.in/dEF2tGa But what is the flip side of this coin? Here NOW is we see an increasing Number of OIL Rigs popping up and taking place mag.quintessencemarket.com/oil-global-economy-03-08-2016 . So the question is: Why would you put more Oil rigs into service if you are expecting an oversupply and demand drop VS. Increased Competition? Gang - Traders Please stay objective and technical in nature and Don't get caught in the mixed bag of Fundamental NUTS. We have a possible LONG Trade setting up Here on the Horizon. Stay Tuned !
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.