Will we see Crude go back into the $100 only time will tell based on the analytical data it shows that market trends are off by a few dollars but we can only guess that it will have to stabilize once we get our reserves replenished and who knows when that will be... Banking markets have alot of say when it comes to capex dollars being loaned out by producers.
This may come as a shock to all of you but we are at the lower end of the market historically, and we have begun to see the rapid decline of market trends. Long positions are being made which is why we are seeing such a short market to buy up all the great pricing for a swing to the 100s in the mid-year rise. this cycle will place us in new market highs pretty soon.
As we can clearly see I've been tracking this index for a while and FIb is not off on this and i will adjust for current dating, but for the moment we can notice that we are still seeing the sideways climb and ranging from this. But due to its cyclical nature, we can expect it to be much greater on the back end for the next few days this will be a great SCALPING...
We are finally seeing the afterburn effects of Bidens inflations situation start to implode on itself and so pricing has dropped massively due to lowered rates. THE WORST IS YET TO COME! There's a real chance that we may see a dramatic bearish move to below 50 potentially 45 for a brief time as we do not have the foundation or the backing to support the...
As you can already tell we have been calling all the shots made on Crude for the last few weeks and things are picking up steam especially after the US announces their reserves we must be cautious of our portfolio. CONTROL YOUR GREED!! THERE WILL BE MORE OPPORTUNITY COME 2023.
The market looks like it wants to end at the previous market support of 83! but taking a look at everything that has come to pass and it doesn't matter weather chinas short on oil the US needs to maintain reserves otherwise the local economy will not grow and therefore inflation will increase along with rates across the board.
Good morning, Happy Monday. We have some opportunity this week as the new mid-month reports start trickling in for the last quarter of the year. As you analyze the flow of this parabolic momentum it's important to take notice of the 4hr and 15 min timeframes as they are the most compatible. Today marks a bullish run for the central markets looking to earn their...