When the technicals line up for a big move or change in trend, the "news" producing it has a way with coinciding with the timing of the big technical spark. It's eerie, but that's the way it is.
Over about 50 years observing this, it's been amazingly how well those who've prepositioned are able to coordinate the media to help remove their risk.
It dropped below USO 70.50 support next support 69.50.... I bought some puts a week ago and now they're back to even....should continue down from here....the fundamental demand is in decline especially due to massive China adoption of EVs
When the technicals line up for a big move or change in trend, the "news" producing it has a way with coinciding with the timing of the big technical spark. It's eerie, but that's the way it is.
Over about 50 years observing this, it's been amazingly how well those who've prepositioned are able to coordinate the media to help remove their risk.
Exactly
Question: How exactly are you trading it?
I was considering buying puts on an etf like GUSH, but I need to double check how liquid it is.
Cliff diving!
It dropped below USO 70.50 support next support 69.50.... I bought some puts a week ago and now they're back to even....should continue down from here....the fundamental demand is in decline especially due to massive China adoption of EVs
Crazy robofud!!!