Seeing The NASDAQ futures now after a severe sell off in the NY session, I have a bad feeling we are going to see a Black Monday Event.

Bought the dip today at $108. Will dollar cost average if it goes lower. This strategy will be easy until that day when there is a volatility shock to the equities market and everything just plummets. Coming within a couple months.

Must be some resistance at $115. This is getting scary for the rest of the market with $4 or more gas in all 50 states for the 1st time in history.

We touched the 50 Day MA 3 times and it was a well respected support. When that finally fails the support is the 100 Day MA at $95

Despite all bearish factors every single dip is bought. Stay long and bullish guys.

Embargo will take a while to sign off on and China lockdowns with the recent macro economic environment shows stagflation is setting in. It is offsetting the bullish demand and sanctions.

API data shows a build of 1.6 Million barrels. Demand destruction is beginning with China exports dropping. Inflation data tomorrow.

I see that 92 to 94 range now thanks.

Seasonality says so also longer term.

There is very high impact FOMC meeting and press release tomorrow. Commodities could get slammed down hard. Be careful.

API Data this week A draw of 3.47 MILLION BARELLS.

Down and then pops up, strange price action. Yes, bearish factors with fears of tight supply to keep it floating up there at $100

Rally post Fed meeting.

Wow! what a day. The stock indexes totally crashed again.

Thanks! Yeah, crazy geopolitical events.

I was stopped out on my short position. Fundamentals and inventories were bearish. U.S. GDP was even NEGATIVE for Q1. Teaches me a lesson, never short oil. In good times there is investment and high draw downs. In times of war and trouble there ...

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Market crashed today HARD. �� OIL very resilient. Weekly direction is lower. Demand destruction is coming. url

Bought at $102.40 will dump it if it is no good.

Very unusual. 8 million barrel draw and not a spike.