Short
WTI Crude Oil; SELL / SHORT
This is the Weekly Chart. SELL IT!
A rising U
D and a broad-based equity decline should sink Crude Oil (below $30?... or $25?...Likely.) without much of an issue.
A 10%-15% production cut is zero competition for a pandemic collapse, followed by a financial collapse. (True,this is no "technical analysis" but neither is rocket science required here.)
Good luck out there!
A rising U
D and a broad-based equity decline should sink Crude Oil (below $30?... or $25?...Likely.) without much of an issue.A 10%-15% production cut is zero competition for a pandemic collapse, followed by a financial collapse. (True,this is no "technical analysis" but neither is rocket science required here.)
Good luck out there!
Note
Here is...
... The ACTIVE POST!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.