oil bottoms

Discussion in 'Commodity Futures' started by billyjoerob, Apr 2, 2016.

  1. %%
    Goldman seems to be a bit more golden[good] on oil] NOT sure what GS head meant by using bear signals with his hands-[LOL-CNBC drama today ] . Maybe GS english is clear-$45 -55.50??.With most of the trends being up on monthlies, +up daily s ;cant blame people buying past 5 days@ $ 50 area the trend is up. I like buys around todays closing price area $46.60/+ Lets see if it trends past $60?? NOT quite as bullish as Boone Pickens interviews [twitter]- Shell former CEO John H- he thinks $80 by end of 2016, because of major's capital cutbacks??
     
    #31     Jun 27, 2016
  2. Crude oil still bullish. we pullback from bottom level of accumulation. When price be below 43 we could say that bullish trend is over.
     
    #32     Jun 28, 2016