USOIL - My 3 Possible Plays Starting Today (7/12)
See chart for possible moves.
I am expecting a short squeeze on oil despite the bearish headlines right now, but it can go either way i suppose.
Notes:
-Golden cross forming on the daily.
-Last Time Oil linitially started dropping US Indices went up (Esp NAS)... So i DO NOT think this is a signal to short Equities yet. I expect a massive vertical leap on equities here... Kinda like TESLA just did...
News:
zerohedge.com/markets/oil-set-plunge-opec-seeks-boost-output-2-million-barrels
nytimes.com/2020/07/12/business/economy/opec-russia-oil-production-coronavirus.html
I am expecting a short squeeze on oil despite the bearish headlines right now, but it can go either way i suppose.
Notes:
-Golden cross forming on the daily.
-Last Time Oil linitially started dropping US Indices went up (Esp NAS)... So i DO NOT think this is a signal to short Equities yet. I expect a massive vertical leap on equities here... Kinda like TESLA just did...
News:
zerohedge.com/markets/oil-set-plunge-opec-seeks-boost-output-2-million-barrels
nytimes.com/2020/07/12/business/economy/opec-russia-oil-production-coronavirus.html
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.