it appears OPEC is providing the nudge for Crude Oil.
Gasoline demand certainly is NOT.
_________________________________________________
Macro factors will catch up with it soon enough, overall
we remain in wait and see mode for CL.
No positions simply Sell on PO's hit - today Sold 78.44 PO and
closed at 77.93
It is hanging on to the 50 SMA @ 75.96 for now, the 200SMA is
below @ 70.92.
MACD is diverging while A/D is sharply Positive.
Appears to be another Squeeze, an unrelenting one.
Gasoline demand certainly is NOT.
_________________________________________________
Macro factors will catch up with it soon enough, overall
we remain in wait and see mode for CL.
No positions simply Sell on PO's hit - today Sold 78.44 PO and
closed at 77.93
It is hanging on to the 50 SMA @ 75.96 for now, the 200SMA is
below @ 70.92.
MACD is diverging while A/D is sharply Positive.
Appears to be another Squeeze, an unrelenting one.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.