44 seems like a buy... be it for a few days and a few dollars.
After... if the strawberries hit the fan... could go lower, be it a few months only...
All projected bottoms are at 50/35... I guess everyone will buy those levels.
A washout to 25?
Scenarios: - 44 holds - 44 is rebound and then falls through - 44 is broken straight to lower (unlikely but apart from my mean reverting brain the trend is intact)
Kommentarer
jangseohee
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Yacine, you got it!
YaKa
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maybe but tight stop or small size.
jangseohee
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Oil continue south journey now.. to flush out or real southwards?
IvanLabrie
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Going for some momentum to jump the creek, and now up!
maximus71
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If its not cut in saudia oil production ....the 25 $ scenario is possible...
YaKa
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Absolutely - Dark days ahead for the market it seems. crude, volatility, equities, rates..