Crude Oil Prediction 2018

Let’s see if it can hold 66.50 now. I just laddered up long. The longer it stays above there, the better for the longs. Energy as a whole seems to be heating up. I’ve never dipped into NG, but I may throw a small line out there on it today.
 
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I see a retracement. Maybe even a pretty big one. Anything can happen. I am strongly considering shorting NG from here though. Maybe Sunday night if I get all of my homework on it done in time.
 
I think US dollar is not gonna lose strength after the good relationship among China and US. The price will get low as the United States officials are making good connections with the Saudi Arabia as well. What do you people think folks?
 
syswizard said:
I think the oil market is a total crap-shoot right now.....so many bearish and bullish factions at the same time.
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I like what one of the XOM kings said '' there is an un -needed $20 spec premium in oil'' I never really bought into peak OIL; that would/could mean they know where all of it is LOL + could/would predict exact drilling methods..... OOPs; then fracking came along. BUT BP + clever ad ''beyond petroleum'' has not done so well also.LOL:cool::cool:
 
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