Oil: Next Stop 86?
Oil is following the price action trend beautifully as my shorts are giving me a good play on Oil.
Oil will fall till 85 while the wildfires rage. Demand and supply wont be the only factors driving oil. Political considerations, Socio-Political issues, and Geopolitics is going to drive the price of oil towards the mid 80s.
I am currently SHORT on oil.
Oil is following the price action trend beautifully as my shorts are giving me a good play on Oil.
Oil will fall till 85 while the wildfires rage. Demand and supply wont be the only factors driving oil. Political considerations, Socio-Political issues, and Geopolitics is going to drive the price of oil towards the mid 80s.
I am currently SHORT on oil.
