look for a bounce as gas/ petro rebounds, and the Maduro regime collapses (opens the door to western capitalist energy companies)
Wait until sub $20 to get in, still haven't seen a capitulation bottom candle yet on the 1W (look for vol total greater than 90 million, preferably 115+ )
Wait until sub $20 to get in, still haven't seen a capitulation bottom candle yet on the 1W (look for vol total greater than 90 million, preferably 115+ )
Note
never dipped to $20 - bottom might be inNote
maybe the bottom is this week $17.50 was basically -enterprise at cost rangeNote
Bolton is gone, Venezeula oil is off the market. None looking for a late 2019 supply squeezeNote
Saudi Arabia oil intrastructure is burning like the Amazon. The Evil Cash Machine is Thriving
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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.