RE:Reversal soon?This is what i meant ......we are in 55 and watch out for EIA if bearish there is no support, opec kind of lift that in their last meeting, plus opec doesnt want WTI at 60s.....most people are missing that point, i see this staying between 50 to 60 for a long while
Montrealcopper wrote:
everytime oil does this it reverse, news are starting to be bearish so we will see before the end of the year, any input?
chinese october crude oil import drop to the lowest
usa export is increasing
OPEC last meeting was not bullish, so so
right count climbs bit
if EIA is bearish this time, oil will go back to 55 range