Yeah, traders are starting to exit. They know what is coming next, weeks of inventory build-ups Think $86 in the coming weeks. Descending triangle pattern. We look at patterns and inventory and Geo-political news etc. but THE MOST IMPORTANT ...

WTI Crude Oil Trading

Nothing wrong with a small drink to calm the nerves.

Do you guys trade better when you are drunk?

Thanks, Been gathering a consensus of analyst's opinions and looking at the chart. $108 plus then down after Wednesday inventories?

WTI Crude Oil Trading

Wow, just woke up and saw $106. So glad I got out earlier. Have no idea what is going on. Have a great weekend all.

WTI Crude Oil Trading

Here comes the drop. Bought the 2X Short ETF ticker SCO before the close yesterday.

WTI Crude Oil Trading

Haha! The financial media is trying spin this as demand returning and prices good around $100. HAHA!! Complete and utter B.S. It will be just another thing people will spend LESS on and NOT more. When you have record inflation and food prices demand ...

WTI Crude Oil Trading

Very interesting, a couple million barrel build and they sell it off in an instant but 9 million plus and it rises? Oh btw, the IAE came out with a statement today also; no more deficits in inventory. Fundamentals are so much against oil this high. ...

WTI Crude Oil Trading

I've seen this before, banks and hedge funds scheming and then suddenly it happens; WOOSH!! Just sells off so fast. Not with oil but with the FOREX market, next day.

WTI Crude Oil Trading

Unreal! I have never, ever seen a build-up in Crude Oil this Gigantic. Good news for the whole world but not for Vladimir Putin. Pulling the rug out from under one of the last revenue juggernauts for Russia.

WTI Crude Oil Trading

A lot going on, get ready to SHORT the hell out of oil once the IEA report comes out. Bought the NASDAQ futures for a temporary bounce on decreased volatility now that the market believes this is peak inflation. The down side is assets will be ...

WTI Crude Oil Trading

So am I reading the API Report correctly? There is a 7 million barrel inventory build? Yeah, the oil crash is coming next. url

WTI Crude Oil Trading

Interesting, Can also use USD/CAD as an inverse indicator. Thanks for the chart.

WTI Crude Oil Trading

The DROP is coming.

WTI Crude Oil Trading

url BULL TRAP

WTI Crude Oil Trading

Idk, I would say get ready to short it. This is only a temporary pop because of the CPI report and Barkindo's comments on the Russian oil deficit. API data will show a build and OPEC just CUT the demand growth for the year. This is a short squeeze. ...

WTI Crude Oil Trading

Maybe the CPI for March will slam it down or already factored in?

WTI Crude Oil Trading

Lockdowns loosening in some Shanghai areas, some welcomed news.

WTI Crude Oil Trading

I bought a $93.40 strike for a bounce.

WTI Crude Oil Trading

The FTSE and DAX futures started in the green. If they remain positive at the NY close there is a great chance the U.S. indexes close green also. CPI for March on TUE. I think up from now and then the market is about to get WREKT upon that release. ...

WTI Crude Oil Trading

$92 to $94 then $97 resistance level. IEA just added 60 million barrels on top of the 180 Million from the U.S. SPR. Yes we are going lower this week.

WTI Crude Oil Trading