So oil is not done going up. I think it will try at least once to to tag 43.
I would start shorting at 42.70. If it swings back up, wait for 44.50 ish and double down. IF i wasn't so busy with gold and bitcoin. I would MASSIVELY SHORT oil in a few weeks. As always will update with time.
I would start shorting at 42.70. If it swings back up, wait for 44.50 ish and double down. IF i wasn't so busy with gold and bitcoin. I would MASSIVELY SHORT oil in a few weeks. As always will update with time.
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40.63 I still think it will push up more.
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Tue 7/7 12 PM CT Update? No, nothing to update. Just wait for a good entry. Im telling ya, its not done going up. Kind of like EURUSD, its the purple line here too.
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11 AM CT WED 7/8
TRANCHE 1 OF 4 10% OF TRADE SIZE 40.60
TRANCHE 1 OF 4 10% OF TRADE SIZE 40.60
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Forgot to post Tranche 2 at 40.96 last night. So I wont count that. In either case, oil has roughly 10 trading days more going sideways. So add Tranche 2 20% If it gets above 41 at any point. Add tranche 3 at 41.50 at anypoint.
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1:29 PM Added 2nd tranche 20% st 40.67. ADD 3rd tranche of above 41.5
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Moments ago third tranche at 40.44.
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This was 4 PM CT ON 7/14
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7/15 7:33 AM CT Tranche #4, and last tranche 40.92.
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