US oil failure for the upside

2022年4月14日

I predicted upside and I was right for now.

But I see some major correction coming from now on.

The reason is ECB's move and asain markets are hawkish with interest rate.

This will press the oil price shortly.

But it will go back to upside again.

2022年4月14日

交易進行

Most of my followers are with profit zone.

Let me change the view shortly from now on.

short term interest raising could press the price of WTI.

good luck traders.

let's survive from this difficult market.

2022年4月14日

註釋

ECB didn't raise the interest rate and it made US oil goes more bullish.
But it could fail.

2022年4月16日

註釋

China decreased the RRR. This could be the sign of little correction for the oil before they make bigger wave. Let's wait patiently