Post by
masfortuna on Aug 07, 2022 10:18pm
Well I am sticking with it
It stinks. All the metrics indicate oil should rise. Yet here we are. So I am staying the course.
Comment by
Snowballer on Aug 08, 2022 7:52am
Should soon but technicals show weakness imo. Once RSI hits 20-25 and the MACD on the daily and the weekly still to the downside. But could all snap back in a moment as we know. I'm thinking we'll see a drop on WTI from here and then that will be the time to step in?
Comment by
Snowballer on Aug 08, 2022 7:54am
I think once we hit $81 WTI... bottom of the channel... should bounce nice maybe.
Comment by
BayStreetWolfTO on Aug 08, 2022 8:30am
Check back Friday and let us know how that went. Have a good week.