API and EIA Ahead the next 2 Days.
Both will be suspect, as they should be.
The CL Curve is interesting and deserves a review.
__________________________________________
Overconfidence
Hindsight
Regret Avoidance
All part of the Crude Oil Trade at present.
How it shakes out will be extremely telling for Oil.
___________________________________________
China claims to have 5 years of Strategic Reserves
and is now threatening to release them.
OPEC is claiming Peak Oil again, to provide the
counterweight.
____________________________________________
With important Data directly ahead, something is
going to give.
Both will be suspect, as they should be.
The CL Curve is interesting and deserves a review.
__________________________________________
Overconfidence
Hindsight
Regret Avoidance
All part of the Crude Oil Trade at present.
How it shakes out will be extremely telling for Oil.
___________________________________________
China claims to have 5 years of Strategic Reserves
and is now threatening to release them.
OPEC is claiming Peak Oil again, to provide the
counterweight.
____________________________________________
With important Data directly ahead, something is
going to give.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.