WTI Crude Oil (The downward movement will get slowed)

3 ביוני 2019

View On WTI Oil (3 June 2019)


Back Ground: WTI used $60 as strongly resistant to it swung down BIG.

Next: I am expecting $51 to $53 will be good support region. So be careful, if you are thinking of short now. It may not go as fast as the last week did.

Target(s): No Longer Bearish

SHTF: NA



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5 ביוני 2019

הערה

Updated View On WTI Oil (5 June 2019)

As expected, we are seeing the early sign of "less" bearishness.
The price may range bounce from $51 to $53 region, as if it is proven to be good support, we shall see the rebound UP thereafter.

So, take some profit if you have short positions now.

6 ביוני 2019

הערה

Updated View On 6 June 2019

The view is still the same with a minor mod.
The price may range bounce from $50 to $53 region, as if it is proven to be good support, we shall see the rebound UP thereafter.

So, take some profit if you have short positions now. Go long only if you can withstand the whipsaw.

14 ביוני 2019

הערה

Updated View On WTI USD (15 June 2019)

As we expected. the sell down on Crude has slowed down and it is going into a range mood.

Once the market had enough position swaps, we shall the return of the BULL move. Let's see.

20 ביוני 2019

הערה

Updated View on WTI (21 June 2019)

Good Boy Oil.

As we expected, the sell down had slowed down and it has started to rise.

It is advisable to stay on the LONG side.

1 ביולי 2019

הערה

Update View On Crude Oil WTI (1 July 2019)

Did you follow our BULLishness for the past weeks?
It will touch $60 easily soon.