Thing to watch: Demand (down) production (still high) Fed decision may give some room to heavily indebted frakers (#Oil prices are below breakeven levels for many of them as shown by a BofA Research flock-like.com
NASDAQ:IXIC things to watch: COVID19 Confirmed cases keep rising Worldwide flock-like.com China Industrial Produtcion on Monday FOMC decision
Rising channel is broken that should put an end to madness. Reality often hurts
1.753 set on Feb. 11 is probably a major long-term bottom. Historically, #natgas has tended to bottom out in the week ending Feb. 21 bluegoldresearch.com
US TBOND yield and Shanghai Composite are in free fall. if NASDAQ breaks the blue line I will add more short positions
Red line is the target 8700ish
TVC:USOIL
I will short (again) at the blue line backtest CURRENCYCOM:US100
TVC:USOIL
According to the OPEC Secretariat, World oil production saw a huge increase during the last three months of 2019.
NYMEX:CLG2020 IA Inventory week ending 011020 Crude -2.50 expected +1.10 Distillates +8.20 expected +6.78 Gasoline +6.7… Refineries back to maintenance
NYMEX:CLG2020 API inventories: Crude: +1.103M Gasoline: +3.198M Distillate: +6.779M #api #oott #crude #oil