Oil prices are going up. That sounds not normal to me amid recessions worries and dollar strengthening. Or is there a lot of oil shortages.
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DislikedOil prices are going up. That sounds not normal to me amid recessions worries and dollar strengthening. Or is there a lot of oil shortages.Ignored
Disliked{quote} Russia banned exports. Saudi Arabia is cutting production.Ignored
Disliked{quote} Russia banned gasoline products not oil as I understood. I will search later to a news about that.Ignored
Disliked{quote} Russia banned gasoline products not oil as I understood. I will search later to a news about that.Ignored
DislikedWhoever are expert in reading the market will understand why market behaves like this. Market want to go up but Smart Money refused to let it do it. Why? Two reasons: 1/. Because they are buying. In order to purchase something successfully, there must be someone willing to sell to you. This is how Supply and Demand works. Smart Money needs a lot of supply for their long entry. They must push market as lower as possible to collect liquidity. 2/. Kick the retail buyers out of the market. Retail buyers goes long at similar price as Smart Money are...Ignored