US Crude Oil CFD forum
WTICOUSD Israel-Hamas ceasefire has been all over headlines today, expected to take effect this weekend... this should have normally crashed Oil, but it seems institutional buyers are looking more at the Russian Sanctions Hype, Institutional Long positions are close to 2024 peak ( CFTC Report).It looks to me like they want to push WTI to 80.
Overall, other than the Russian Sanctions, everything else is mostly bearish, they won't be able to keep it up for long.
When the crash comes it will be felt.
WTICOUSD API Inventory MovesCrude -2.6 million (exp. -3.5 million)
Gasoline +5.39 million
Distillates +4.88 million
Cushing +573,000
USOIL Back inside the massive wedge. Media pump and dump, as per usual?
USOIL Check my Analysis tradingview.com/x/CTcwgZs9
USOIL Go short will touch 76 and then 75
USOIL Confusion says: Go short today, wake up tall tomorrow.
USOIL I am thinking to short from 77.33 if that support gets break
WTI Heads Up!A Double Inside Day appeared on the Hourly, which means an EXPLOSIVE move is coming, either to the upside/downside.
*Side Note: These candles still have not fully breached into the Support Zone created by Sunday's very tall bullish candle.
USOIL seller be ready to sell oil 77.9
OIL_CRUDE liquidity sweep and heading to 78,500 -79