Post by
Nothingmatters on May 10, 2022 11:55am
Obe going down again
Oh no....will add more at $6
Comment by
kavern23 on May 10, 2022 1:12pm
No need to panic bro. Hard to tell much today... WTI broke 102...so not shocking it tested quickly to 100 dollars..... Too early to tell if will sit under 100. 6 dollars would be a crash under 90 wti....I wouldnt count on that lol in short term and medium term
Comment by
Nothingmatters on May 11, 2022 3:00pm
Cpi was worse than expected. It will retest 8... trend is yoyr friend. Fed is not stopping soon. They want oil under 90 by hook or crook..
Comment by
kavern23 on May 11, 2022 6:10pm
Tommorrow is release of another IEA and OPEC report....it will move WTI alot either direction if material changes to forecasts.... My hunch is demand forecasts will be cut alot for rest of 2022 but we will see.
Comment by
Nothingmatters on May 11, 2022 11:24pm
Yup bull rally failed to take off today...and oil down big..