Genghis

US Oil Mar17

Long
Genghis Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Go time. Correction here we come!?
Comment:
Whipsaw back to 53?
Comment:
Ideal scenario but let's see how it plays out
Comment:
Saudi's decided they want to crush shale... again. Timed news as we found support yesterday
Flip to short
*SAUDIS TELL OPEC THEY REVERSED 1/3 OF OIL-OUTPUT CUTS IN FEB.

Saudis Tell OPEC They Pumped 10 Million Barrels A Day in Feb.

*KUWAIT SEES RISK OF OIL DROPPING TO $45/B ON INCREASE IN SHALE
Comment:
ran back up to 47.90 and looking to roll back over again hopefully
Comment:
Got out at entry with all the whipsawing
short term looks slightly bullish
Comment:
Still feels like we need to see sub 47 before we properly rally

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