USOIL 8% drop incoming
Crude oil is at a strong resistance, and there is sign of the price being rejected from resistance
Producers and managed money are also at a record LONG position, there is almost no buyers left
now what do you suppose will happen if they start capitalizing their position?
The above is purely my opinion only and not an advice or anything, DYOR!
Producers and managed money are also at a record LONG position, there is almost no buyers left
now what do you suppose will happen if they start capitalizing their position?
The above is purely my opinion only and not an advice or anything, DYOR!
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