Oil at near term bottom … Buy USO – Oil tracker

 

“The OPEC cuts are real and are cleaning up the market,” Citigroup analysts including Seth Kleinman wrote in a report earlier this week.

WSJ today :

https://www.wsj.com/articles/why-oil-demand-may-be-higher-than-expected-1489730400

Bloomberg  :

https://www.bloomberg.com/news/videos/2017-03-16/saudi-energy-min-says-oil-supply-cuts-may-be-extended-video

Bloomberg  :   « Goldman, Morgan Stanley, Bank of America and Citi stay bullish »

https://www.bloomberg.com/news/articles/2017-03-16/wall-street-keeps-faith-with-oil-recovery-even-as-prices-buckle

 

Tech : Oil price found support in 46.50 -47 area (Blue support) on strong down volumes (Yellow ellipse) .

Tactical / Virt pf : Buy of 1 Unit USO Limit 10.37 USd // Stop on WTI firm closing below 46.50 USD 

 

 

Laisser un commentaire

Votre adresse de messagerie ne sera pas publiée.