OPEC + surprise Sunday announcement of output cut could derail this rally.
Most likely, a pullback and then rally resumes.
I started a new SHORT POSITION late Friday. Very small, puzzling drop in last 30 minutes.
JPM BLAMED ....
BULLISH BREAKOUT.. but bearish/inflationary OPEC OUTPUT CUT
Started by
dTraderB
, Apr 02 2023 04:05 PM
266 replies to this topic
#2
dTraderB
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Posted 02 April 2023 - 04:07 PM
McOsc in nosebleed zone, high probability pullback or reversal likely, but it can remain above 250 for a few days
https://www.mcoscillator.com/
https://www.mcoscillator.com/
#3
dTraderB
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Posted 02 April 2023 - 04:11 PM
BULLISH POLL
54-46
Helene Meisler (@hmeisler) tweeted at 1:04 PM on Sat, Apr 01, 2023:
The results are in and folks lean UP for the 2nd straight week. That's the first time we've had 2 ups in a row since January.
Thanks so much for voting!
https://t.co/gSurpiaAll
54-46
Helene Meisler (@hmeisler) tweeted at 1:04 PM on Sat, Apr 01, 2023:
The results are in and folks lean UP for the 2nd straight week. That's the first time we've had 2 ups in a row since January.
Thanks so much for voting!
https://t.co/gSurpiaAll
#4
dTraderB
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Posted 02 April 2023 - 04:14 PM
OIL WARS!
Wall Street Silver (@WallStreetSilv) tweeted at 0:17 PM on Sun, Apr 02, 2023:
All of the announced oil cuts today by OPEC and non-OPEC are 1.649 million bpd.
Russia 500k bpd
Saudi Arabia 500k
Iraq 211k
UAE 144k
Kuwait 128k
Kazakhstan 78k
Algeria 48k
Oman 40k https://t.co/hNuE3h8BeN
Wall Street Silver (@WallStreetSilv) tweeted at 0:17 PM on Sun, Apr 02, 2023:
All of the announced oil cuts today by OPEC and non-OPEC are 1.649 million bpd.
Russia 500k bpd
Saudi Arabia 500k
Iraq 211k
UAE 144k
Kuwait 128k
Kazakhstan 78k
Algeria 48k
Oman 40k https://t.co/hNuE3h8BeN
#5
K Wave
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Posted 02 April 2023 - 05:33 PM
Trump had this under control...
USA is now the butt of a worldwide joke with the current clowns running things.
Not meant to be political...just stating the truth...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#6
K Wave
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Posted 02 April 2023 - 07:13 PM
Naz well under the Apple 164 Friday pivot...now we see if bears can make it stick...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#7
MikeyG
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Posted 02 April 2023 - 07:35 PM
OPEC + surprise Sunday announcement of output cut could derail this rally.
Very possible
mdgcapital@protonmail.com
papilioinvest.com
@papilioinvest
"One soul is worth more than the whole world."
#8
MikeyG
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Posted 02 April 2023 - 07:39 PM
Trump had this under control...
True.
Really puts the US in a tough spot.
Weekly U.S. Ending Stocks of Crude Oil in SPR (Thousand Barrels) (eia.gov)
Edited by MikeyG, 02 April 2023 - 07:39 PM.
mdgcapital@protonmail.com
papilioinvest.com
@papilioinvest
"One soul is worth more than the whole world."
#9
K Wave
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Posted 02 April 2023 - 08:11 PM
xTrends has had some decent calls...
He said Mega Caps one last blast...CHECK
And then "a generational" bear move...TBD
He make no bones about what he is expecting on his feed
https://twitter.com/...erp|twgr^author
"This is just just a powerful bear market rally on low volume and weak breadth.... once the pattern breaks, it will be a bidless beast"
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#10
K Wave
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Posted 02 April 2023 - 08:16 PM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
