Crude Oil doing its thing

The ETF tracker




Two months:

 

So oil is overbought?

 

sell cl now and close after july 4, below 80?

 

The two wars will keep it elevated at about 75. The Middle-east Jew shit ending will allow it to drop more than the Ukraine shit ending, and the ME thing will end before the Ukraine shit.

I have spoken. Look for CL ~70 by X-Mas.

 

Stuck between 75-85 for months, with all these Geo political issues I thought 100 by now!

 

In this new age of markets nothing is ever overbought, only oversold after 1 or 2 down days.

 

sold clv4x after my post 79.69, waiting for the drop, 69 cents to a buck.

 

I like Oil/USD.

R.I.P. Petrodollar.
1974-2024

 

Crude Oil doing its thing
--->
Crude Oil not doing its thing



Crude oil is getting lazier and lazier; volatility is getting worse and worse.
Copper is doing its thing; its volatility is 2X that crude oil.

Lazy Fat Belly Crude oil! Work harder !!!!
If not, you will be put to death. And
R.I.P. Crude Oil!

 

No biggie. Basically right in middle of the historical range.