CRUDE!

I have opened up a buy position at the rate of 63.07 .. Please let me know whether will it go up or not ??

C5DwZWp

Picture isn't working. You are long from 63.07??

Edit: crude or brent?
 
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OK , the worst thing about a good long term trend, it can drawdown some. LOL. But fast forward looking @ both sides of the trade; CME front month contract is going down again. I checked CME contract specs to be sure, no limit low limit, on front month WTI. NOV, DEC are going down again, again .
OIL service tends to be a weak sector,as you noted but i haven't checked those lately. WTI cant even go up of weekly/daily Don channel, lately. NOT a prediction, just a downtrend comment....................................................................................
Your correct it is starting to sag back. This will be interesting to watch. Oil field varied, all shot up, some gave a good chunk back, some kept a lot of the boost.
 
That was a 50% return ($6.60) as of yesterday btw.
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Yes; + the 5 day + 5 month looks better than 5 years. OH well ,glad to see that fake up move over[big gap] ,as if the Iranian punks could fake move up crude.This is not the best time to make this remark, [barchart.com medium + long term chart opinion sell ,notes a much stronger sell than short term sell]. XOM ceo Tillerson said ;there is an Uneeded $20 spec premium in oil. Big bear in XOM

[By thier numbers oil TX TEA/WTI =40% short term sell,
75% medium term sell,
100% sell long term.]
QQQ is rated 50% buy short term,
100% buy medium term
100% buy long term.............................................................................................
 
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