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darth.stocks

Crude: Oversold on high Volume

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Kontrak Berjangka Minyak Mentah Ringan (NYMEX:CL1!)  
darth.stocks Diupdate   
NYMEX:CL1!   Kontrak Berjangka Minyak Mentah Ringan
5
6
Really nice for LT investors... I was hoping that such a selloff would happen after Algier Meeting some time ago. We have oversold RSI and Stochastic and a high volume . I guess commercials net short % positioning from Tuesday will be in the rand of 17-18 % (we see it Saturday) and next week back to 14-16%. I currently hope for a correction till 42-43 Support Region till Tuesday. Than we should expect quite a strong rebound...
Komentar:
Crazy Situation on Friday Europe close... SA threatening to increase production... SA denying to increase production... SA threatening again... 1 $ in 10 min increase of WTI on deny of increase. Just imagine what will happen if we get a production cut. Dangerous situation for shorts.

Ide yang Berhubungan

darth.stocks
crude thoughts: convincing long positioning
darth.stocks
Crude: Back on long Side
darth.stocks
Cruder : Targeting 44-45 today
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