Massive pump in USOIL after hours! Resistance hit
HI Folks:
Here's an update on USOIL WTI for your consideration. We are just pips away of hitting an important resistance that should send prices hardly down in spite of the tensions in Russia and Ukraine.
Those prices are killing demand. Soon the people will feel these prices in their pocket and inflation will be terribly high. Total nonsense in my humble opinion with the OPEC+ policy. They brought an extremely tight market to the limits and consequences may be catastrophic in the coming months.
Air carriers are charging fuel surplus to passengers and products are getting more expensive to our pockets, from single basic items like rice, sugar, flour, cereals, meat, etc, to more sophisticated electronics and others.
With 5 rate hikes expected in the US economy for this year and more to follow, let's see the impact that will have on borrowed money.
Another global crisis will arise in coming months. Welcome a new recession.
STAY SAFE. Cheers
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Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.
Here's an update on USOIL WTI for your consideration. We are just pips away of hitting an important resistance that should send prices hardly down in spite of the tensions in Russia and Ukraine.
Those prices are killing demand. Soon the people will feel these prices in their pocket and inflation will be terribly high. Total nonsense in my humble opinion with the OPEC+ policy. They brought an extremely tight market to the limits and consequences may be catastrophic in the coming months.
Air carriers are charging fuel surplus to passengers and products are getting more expensive to our pockets, from single basic items like rice, sugar, flour, cereals, meat, etc, to more sophisticated electronics and others.
With 5 rate hikes expected in the US economy for this year and more to follow, let's see the impact that will have on borrowed money.
Another global crisis will arise in coming months. Welcome a new recession.
STAY SAFE. Cheers
-------------------------------------------------
Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.
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