THINK RED
Updated
Forget about the inverse head and shoulders crap.
We arent rallying.
We are going to new lows.
YOY surplus is growing as we now enter seasonal maintenance season.
Global production is surging.
Storage is full.
Market has clearly topped.
50 Day under 100 Day
Seasonality is always weak this time of the year.
Best case scenario opec freezes as levels that are too high to begin with.
Dollar is rallying very hard.
Goodness gracious what a short this is.
We arent rallying.
We are going to new lows.
YOY surplus is growing as we now enter seasonal maintenance season.
Global production is surging.
Storage is full.
Market has clearly topped.
50 Day under 100 Day
Seasonality is always weak this time of the year.
Best case scenario opec freezes as levels that are too high to begin with.
Dollar is rallying very hard.
Goodness gracious what a short this is.
Comment
Dont believe my target?Maybe this will help.
icis.com/blogs/chemicals-and-the-economy/2016/08/youve-seen-great-unwinding-get-ready-great-reckoning/
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