Crude Oil Prediction 2018

Discussion in 'Commodity Futures' started by radha00027, Jan 2, 2018.

  1. Maverick74

    Maverick74

    Sorry Rob, we didn't. LOL.
     
    #81     Jul 10, 2018
  2. treeman

    treeman

    Are you trading the spread?
     
    #82     Jul 10, 2018
  3. treeman

    treeman

    I’m probably dumping the rest of my July contracts tonight... looking pretty heavy from here.
     
    #83     Jul 10, 2018
  4. treeman

    treeman

    How I’m reading the chart.. we should revisit 69 (hehe, 69), with a reasonable chance of going down to 66ish. From there, things get a bit murkier. If it fails to hold there, goodnight. It’s a major support area. If it holds, I will be looking for new 52wk highs.

    I’m leaning towards it not holding. Brent looks bad. A close for the week under 72, and it’ll look ripe for an aggressive short. Hearing oil at major support right now. It’s a big mess out there right now.

    Imo, of course.
     
    #84     Jul 11, 2018
  5. treeman

    treeman

    Heating oil too. ;)
     
    #85     Jul 11, 2018
  6. traderob

    traderob

    74 when I opened that short trade: Now about 70.6. Time to close.
     
    #86     Jul 12, 2018
  7. treeman

    treeman

    That’s a shore purdy lookin’ bear flag you got dare.

    Looking to get short. And not with that wtic crap. either Brent or heating oil... decent sized line.
     
    #87     Jul 12, 2018
  8. treeman

    treeman

    I’ll probably be reentering long tonight.
     
    #88     Jul 18, 2018
  9. Anyone buying this massive dip in copper?
     
    #89     Jul 20, 2018
  10. treeman

    treeman

    Maybe after it does a w. Until then.. hanging short.
     
    #90     Jul 20, 2018