Tradingview is Going Absolutely BananasWow. What a day. We will still look back on the 20th of April 2020 in many years from now. And such a pragmatic day too btw to pick for such a memorable event. Really easy to remember.
Oil didn't just go to zero. It actually went negative.
So... Come and pick up those barrels. Please take them from me. I'll give you $30 each, but just please! Help me get rid of these!
Storage is not that cheap, and sh*t hit the fan today. But this is not something that was predicted.
Tradingview couldn't handle it. Obviously, their data engineers didn't see this coming either. Nobody did. If you would and you shorted this baby, you're on the Bahamas right now. The price is simply stuck at 1 cent here on this chart, but it did in fact go to below -$30/-$40 a barrel.
Finally, for my TA: I'm giving a long position here with infinite returns. Enjoy.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
