NYMEX CRUDE OIL, Target Hits
If you have been following me, I posted a chart for crude oil few weeks back for a shot position and it has been doing exactly
the same after i posted that chart. It has been turning out even better than i anticipated and quicker for that matter.
We can see further down fall till 61/60 targets at least, where I would suggest to exit your positions.
I will soon re evaluate my strategy after it hits those targets as it has been volatile for all commodities and other asset classes
in general. But for now the chart/commodity is doing what was expected after a huge surge in the commodity since the last few months.
the same after i posted that chart. It has been turning out even better than i anticipated and quicker for that matter.
We can see further down fall till 61/60 targets at least, where I would suggest to exit your positions.
I will soon re evaluate my strategy after it hits those targets as it has been volatile for all commodities and other asset classes
in general. But for now the chart/commodity is doing what was expected after a huge surge in the commodity since the last few months.
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