T_Shelby_01

T_Shelby_01

Looks like markets reacted positively to this 50 Bp cut... it was expected! But, let's agree on something.. facts... the fact that the Fed has taken the initiative to cut 50Bps means that they consider themselves late and behind schedule ! Not good news at all. Markets have played out the "50Bps" without highlighting the "behind schedule" fact... I would say it's...

T_Shelby_01

Hey peeps... oil closed on Friday night at 68.48 and gapped down a lil bit on NY Midnight Open ... from there it has continued straight to 68 levels... I am expecting oil to reach 67 levels at first.. with all this "BAD CHINESE ECONOMIC DATA" followed by a dump to 66.3 which would play a crucial role in "direction taking". OIL is still in a downtrend... expect to...

T_Shelby_01

Wow Wow.... oil has been rallying downwards since the last week of August... dropping from 70-69 levels to 64.8 today! we are already at -12% since last Tuesday. As per the graph u can clearly see that we have dropped from 68.3 till 64.8 one way ticket, breaking every single support! 64.8 December 2021 low was hit today which makes it promising for bulls.... we...

T_Shelby_01

Hello Peeps, happy end of month to everyone and congrats for each and everyone of you who followed the plan. Oil has been in a descending channel since July 2024 and "TODAY" has been an amazing day for "Shorts" in the market. As per the chart, oil has failed to hold 76 levels, which has attracted bears in the market. Followed by a sharp drop to 75.6, oil has...

T_Shelby_01

Oil has been kind of wiggling for the past 2 months.. July and August... moving towards the most important price "78.3-78.4" which is the APL, average price line since the start of the year and getting rejected from there. In the picture shard u can see very clearly that price is getting rejected 1,2, and 3 times from there, and automatically moving towards the...

T_Shelby_01

Previous week was kind off Bullish for oil... prices revisited 76.4 lows and pumped from there reaching 79's. Monday started well with a pump in prices till 79.9 followed by a dump till 78.7 levels... which could be and should be considered as a liquidity grab as per the chart. The dump was followed by a beautiful pump (SL's triggered) till 80-.12 levels followed...

T_Shelby_01

Oil has started the previous week with a lot of bearishness, resulting in prices reaching 76.66, which resulted in liquidity grab followed by a beautiful bounce shooting up oil to 79.65 levels on early Friday session. Oil faile to breach those highs which resulted in downwards pressure and sell offs resulting in a decline in prices till 77.89. Apparently Oil needs...