Targeting 35.6 @ Oct 2nd.
코멘트:
Oil below 48 is bearish, above 48 bullish.
코멘트:
Lost 48. 47.3 is a strong level too, so might bounce a bit here.
코멘트:
Still a nice glut hanging over oil. Shale producers have already made their existing investmetns and are getting lower and lower unit costs of production. Dont see any immediate reasons for oil to rally.
코멘트:
Biggest hurricane ever approaching refineries etc, should send oil to 500 dollars/barrel??
코멘트:
Still have 12 small dollars to go..
코멘트:
Bears did a bad job holding bulls away on Friday, I'm not sure if it was hurricanes and falling dollars that made it close in green. However, a weekly close below 48 is comforting for next week shorts.
코멘트:
I like what Monday has brought so far. Longs being: "But, but... What about Harvey?" Seems Harvey has a problem with winning over the trend :)