XOMOXY Very soon oil price is going to tank hard. Probably hard to believe but history repeats and with all the uncertainty right now, shorting oil is a good hedge against economic recession or even depression. This week is going to be very crucial on the direction f the entire market.
XOM time to retest at $107.60- watch how buyers and sellers react. If we break 107.60 we are going back up to $110 if they don’t like it back down to 105-104 level