Disliked{quote} In any case, Oil again getting hammered and keep paying beautifully. We are entering in the yearly lows and within distance (...uff in a couple of weeks only) of the first mid term target ($41 handle). By far one of the trades of the summer so far (including as collateral CAD which has been clean and clear too with support of rates on top) . Crouching time for OIL as a break below will unlock an extensive panic leg that will carry major implications across the world... ... sisseIgnored
Plus some time before: u mentioned 41,2X as intermediate stop, 36,6X as potentional target and 26,4 as max extension. Do you see these level as still valid?
Thank you