WTF was this in gasoline?


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Trey Talley
IT at Special Counsel
#Oil #WTI rebound is happening in virtually perfect symmetry. Black lines show the floors of the supply and demand equilibirum - Red indicating where we should be headed intermediate term (about $62/brl). I am not bullish long term.

 
dealmaker said:
#Oil #WTI rebound is happening in virtually perfect symmetry. Black lines show the floors of the supply and demand equilibirum - Red indicating where we should be headed intermediate term (about $62/brl). I am not bullish long term....
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Would you be bullish intermediate term? The red line?
 
Overnight said:
Your ellipsis after "yes" says to me there may be a "but" behind it.

So is it "Yes...but"? Or you would just go bullish now to the red line come hell-or-highwater, and if so over what timeframe?
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I am bullish till the sentiment on oil changes and that is a function of price, time and news.
 
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Was thinking the same.

Wasn't mentioned but inverse head and shoulders is there. Though it's a pattern, either direction, I never rely on.
 
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