USOIL

Do not fall victim to this Texas Oil Crisis. Oil moves for two main reasons.

1. Global Demand
2. A significant drop or rise in $.

Commodities are on the rise without a doubt and the dollar has been weak.
Global demand is not there. Using Jan 2020 as a benchmark, $60 is overpriced.

Don't waste your time with EIA reports, OPEC, blah, blah.

評論:

Still bearish in OIL continuing to build a position short