RE:time to buy?Oil is crashing on hedge fund paper liquidations, meanwhile physical seaborne storage drained by 11% in one week!
Aurum1983 wrote: we touched the MA 50 of $8.87 today and RSI is back at 50.
I think it's time to buy more...the way I see it, the Ulkraine situation is not better, but worse. Russians are hitting NATO and US weapon deliveries in Ukraine and taking the fight westward close to Poland. Chinese lockdowns are shortlive and they are not shutting the ports this time. COVID by and large is going way on a global level - and that's a fact.