A great night for WTI, bring on 110.00 ↑
Currently 108/9.
Currently 108/9.
"Don't Shoot Me I'm Only the Piano Player"
- #10,462
- May 13, 2022 2:29am May 13, 2022 2:29am
- Joined Apr 2019 | Status: Trader | 3,132 Posts
#CRUDEOIL / H4 
- #10,463
- May 13, 2022 4:46pm May 13, 2022 4:46pm
- Joined Dec 2013 | Status: Trader | 1,508 Posts
Be humble or be humbled.
- #10,466
- May 16, 2022 12:05pm May 16, 2022 12:05pm
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts
Remember: unfilled weekend gap remains @112.11 from end of Mar.
My sentiment is bullish with slow continuation upwards to retest highs of 115.30 / 129 & 147.
WTI might retrace a bit within the current level, but I think we will go higher.
Bears failed to reach $90, price is more often above $100, price break out up, markets are scared, and only 6 months left to winter season.
Trade safe.
Daily and monthly.
- #10,467
- May 16, 2022 12:17pm May 16, 2022 12:17pm
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts
On Wednesday posible game changer. Buy until then. https://oilprice.com/Latest-Energy-N...-Measures.html
"Don't Shoot Me I'm Only the Piano Player"
- #10,469
- May 17, 2022 2:03pm May 17, 2022 2:03pm
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts
{quote} Good post J. {image}
Sweety is bouncing around, can't wait for tomorrow.
Different view on Daily.
- #10,470
- May 18, 2022 6:28am May 18, 2022 6:28am
- Joined Dec 2013 | Status: Trader | 1,508 Posts
{quote} Thanks Y
Be humble or be humbled.
- #10,471
- May 18, 2022 11:31am May 18, 2022 11:31am
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts
{quote} 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.
Get while you can
. In London petrol is holding around £1.60 / litre, usually £1.20/ltr.
JP Morgan predicts $6 dollar in summer. Really!?
https://seekingalpha.com/news/384046...says-jp-morgan
- #10,473
- May 18, 2022 3:38pm May 18, 2022 3:38pm
- Joined Dec 2013 | Status: Trader | 1,508 Posts
Be humble or be humbled.
- #10,474
- May 18, 2022 4:48pm May 18, 2022 4:48pm
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts
Indeed, lost steam to break through, bounced of resistance, medium high to low level, later rejected of 20 EMA.
Lets see where we go from here, since China reopening, cases rising in North Korea. UK is under new wave of monkey pox. Gosh, never ends..
Lets see where we go from here, since China reopening, cases rising in North Korea. UK is under new wave of monkey pox. Gosh, never ends..
- #10,475
- May 18, 2022 5:41pm May 18, 2022 5:41pm
- Joined Dec 2013 | Status: Trader | 1,508 Posts
Be humble or be humbled.
- #10,477
- May 19, 2022 12:37am May 19, 2022 12:37am
Seems a lot are down WTI any oppo they get, not many have been prepared to ride it up. Back to the seemingly stability point 110.00 level after touching 107.00 earlier. If the Dow (US30) was to fall another 1,000 points by close Friday (which I think it may), who knows, but still holding up well, no denying that.
"Don't Shoot Me I'm Only the Piano Player"
- #10,479
- May 19, 2022 3:29am May 19, 2022 3:29am
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts
My take on the USOIL Crude. I'm waiting for the price to drop lower to the discount zone, and based on some more confirmations beside today's news, I'll be buying. What do you think? {image}
Technically yes, daily chart at this moment is pointing towards $100.
But we never can be to sure, can reverse at any cough.
- #10,480
- May 19, 2022 10:24am May 19, 2022 10:24am
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts