Is OIL SERIOUSLY undervalued right now??

[murray t turtle]

Being someone whose in the renewable energy field, I'd baised say oil is on it's way out.

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OK Mr Turtle I have to re$pect your thoughtful nickname ,LOL-true;
but they have predicted peak oil for so long.........+ then OOPS/oops+ fracking/supply came along. But thanks for telling us you bias. I tend to be biased+ long SPY trends, SPXL or UPRO, QQQ trends in 4th quarter, 1st quarter...........................................................................,

 

[Erin]

Longing oil is tricky - price is at base of leg up - I see two levels above price if the current level holds

https://imgur.com/a/DNyhepS