RE:$46.80Congratulations on calling $46.80 the bottom, I thought it was a little optimistic, but you were right in the end. All risk indicators look positive right now. Oil/Gold will continue going up slowly but surely for the rest of the year imp. GLTA
Nessrookie wrote: That's a pretty big support now on WTI. Even with Saudi giving the comment I eventually expected. The market shook it off, which I didn't expect Perhaps we see a set back with refinery slow down season but it's going to take a couple really bearish EIA reports to break this now, or a surprise rally in the US dollar. That said $50 a very hard resistance. So looks like some great trading opportunities especially on BTE
IMO $46 to $50 we trade in at least until end of sept. There you go changed my opinion again. I said if oil gets back to $39 load up. Didn't follow that rule. Oh well