- WTI crude oil chart shows a potential triple top in the making.
- Russia will likely not participate to Opec production freeze (See below).
- Goldman insists on OPEC deal fragility (see below)
ACTION : Targets of USD 51-52 mentionned in September 29th post have been reached and i take profit on the USO tracker at current price of USD 11,64 (5:08 PM). As stated in previous post on oil, should the current levels crossed on the upside , much more bullish potential do exist but .. a profit is a profit and i yake it here!!