I'm long oil, gold and #PBR here, reduced my gold exposure to 75% of the portfolio today and going with 25% exposure to oil. I think #USOIL bottomed after hitting long term support at the lows in the last two days. It could also be the bottom for global equities but not as sure about that one.
Best of luck,
Ivan Labrie.
Comment
Trade active
Trade active
Oil and #PBR are acting great, looks like we have diagnosed the bottom correctly. Next Target for oil is 51.5, PBR can reach $23 at least.
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.