even when oil momentum is bullish, im shorting crude oil from 102.95 to 100.50 next week,
there is a lot of supply right now in the market from USA that has capped the rise of crude oil, bad USA data is going to have some effect in price
i think its going for 98.50 in June.
im also hedging a lil bit, when target is and momentum slows im gonna put a sl below that price.
i ve seen Oil react more to USA personal spending than even crude inventories.
there is a lot of supply right now in the market from USA that has capped the rise of crude oil, bad USA data is going to have some effect in price
i think its going for 98.50 in June.
im also hedging a lil bit, when target is and momentum slows im gonna put a sl below that price.
i ve seen Oil react more to USA personal spending than even crude inventories.