If we break the $55 handle $70 is eligible target

2016年8月28日

please see chart

2016年12月18日

註釋

my view for early 2017
Goldman Sachs expecting $59-$60 early 2107, I am still holding my longs (long term investment low margin positions from $44.5 and $45.6)
I wont recommend oil day trading as I am expecting complex correction with sharp dips toward the high 40s after we touch the 60 handle, remember that we are in corrective mode, 2016 was good to me, let us hope for a good 2017 as well

2017年1月17日

註釋

OPEC not extending cuts beyond 6-months is bullish for oil prices

2017年12月28日

註釋

happy new year