Short oil

Short oil.

You heared it here first.

Charts never lie.

Attached: oil-paris-accord-ie_resize_md[1].jpg (744x389, 56K)

Other urls found in this thread:

investing.com/commodities/crude-oil-streaming-chart
tradingview.com/chart/nT5w11zC/
twitter.com/AnonBabble

> buy high sell low
> fud
> oil is a scam it will go down no one uses it

Just leave the board cancer lump. Go do your sentiment analysis on twitter faggot

Mainsteam news are calling oil at 100$

just

Short the open right after shorts get squeezed

>Mainsteam news are calling oil at 100$
>mainstream news
WELL THEYRE IDIOTS AS USUAL I GUESS

$70, TOPS

>short oil right before a big war with Iran in ready to pop off.
the absolute state

Oil just opened. Wow

Futures just opened up. Currently up 15%

investing.com/commodities/crude-oil-streaming-chart

>Falling for the hype
holders are going to sell to $70
then but it all back when it tanks again

> I can't open a position because etoro is shit
wow

Its dumping time. Huge buys lets bagholders unload.

It's not going to go that far down. It will still be up from Friday once the markets open up in the morning.

Remember, always do the opposite of what biz says.

Attached: Capture.png (1284x66, 5K)

I do not even trade it but still fun to watch that chart.

Asian markets open at 8

Nobody trades oil. But financial markets and CNBC and OMG LOOK ITS GOING UP and OMG LOOK ITS GOING DOWN.. with 1% swings is entertaining

And yet nearly everyone uses gasoline in their cars; or buys products delivered to the grocery store in trucks that use fuel.

That's why people care.

I would've guessed it's traded with a bit of leverage?

how do you guys trade oil? The only ways I know are $UWT and $DWT but they get hit hard by contango.

i *moderate* increase in oil prices will be good for the US economy

yes, in the grand scheme of things, oil is everywhere which is quite scary.

people are stupid

they should just buy tesla stocks and hodl

a bit

like 65% is used for transportation and 20% for industry and industry is allready switching to coal and renewables and transportation.... well, if you dont see it by now, you never will

yes. Most exchanges offer oil futures on 100x leverage or more. This guy is literally retarded and doesn't know shit, plenty of people trade oil

Tesla stock, kek, that's a good one.

I dont know, the chart I am looking at is
tradingview.com/chart/nT5w11zC/
looking at the 4h chart since 1 year, it seems that the current price of 60.3 is completely off the charts compared to the mean of 56. looks like it wont hold that for long. it does not seem to behave like this looking at history.

This ain't shit, futures are saying Crude Oil up 11 percent, that's really not that bad, Crude goes from 55 a Barrel one week to 65 a Barrel the next week, it's really not the end of the world.

/thread

Will silver benefit at all?

you should be long here...we're at $60...that's the new support. ride it up to 62 with a trailing stop