The shale band is no longer a relevant fundamental talking point. New talking points create a range: Fed/ECB/PBC creating liquidity restrictions on inflation, which creates the top of a range. Opec creates a soft supply support range at top of previous permian band.
This means that central banks will aggressively tighten with oil over 75 and opec will vaguely tighten supply with volatile dips into the previous range.
Many OPEC nations suffer a lot of inflation if dollar goes up so they don't want oil to go up too much so they will prob maximize revenue in this range.
Guess that means also targeting short on EUR/USD, but forex is for gay british people who think having a 7 story house is a good thing. Not that I'm triggered by the London housing market, but I am. AND NYC in general. Thank you for coming to my TED talk.
Short RUB eur????
#Tom ford
#Cara Delevigne
#coconut oil is not a food.