USOIL in bad shape

www.reuters.com/arti...y-kemp-idUSKBN21Z28G

It's difficult to pinpoint a bottom on this. Publishing to see how price discovery will happen in hindsight, no clue on where it will stop.

Kommentera:

Kommentera:

Here's May to Sept. contracts for anyone interested:

//@version=4
study("NYMEX:CL", overlay=true)

c(x) =>
y = "NYMEX:CL" + x + "2020"
out = security(y, timeframe.period, close)

k = c("K")
m = c("M")
n = c("N")
q = c("Q")
u = c("U")

plot(k, "May", color.gray)
plot(m, "June", color.red)
plot(n, "July", color.teal)
plot(q, "August", color.blue)
plot(u, "September", color.green)