CRYPTO TICKER

powered by Coinlib

Sunday, June 9, 2019

SUNDAY UPDATE: HAS OIL BOTTOMED?

“With oil, you just never know!”

Oil starts the week off in correction mode higher … thoughts turn to OPEC+ in 2
weeks, so expect the chatter there from the usual cast of misfits, dictators, & thugs
to talk about the need for higher oil prices amid global destruction … why anybody
takes these clowns seriously is beyond me, cuz they’ve always lied and  cheated
about production cuts.

In any event, it’d be nice if Coinexx’s LP’s in oil could maintain a 3 cent bid/offer
spread market … you know, the one they say they maintain, but don’t? … Simply
don’t understand the level of greed these thieves, calling themselves “liquidity
providers” [an oxymoron if there ever was one] think they’re getting away with,
when they pull stunts like jacking the spread … what idiot trades oil with a 6, 7, or
even 8+ cent spread?

Directly below, this weeks 20 Day Range MA in oil.

click on chart to enlarge

Onto the week, let’s see what happens … until tomorrow mi amigos
… Onward & Upward!!

Have a great day everybody!

-vegas




No comments:

Post a Comment