“Can the daily candlestick chart look any worse in oil!?”
Well, here we are in the 7th down day in a row in oil, and every single day of this,
the trade has tried to rally it first … DEAR SUCKERS: “early rallies will get sold,
and you’ll be forced out later … what you need to see is a decent break early, that
gets extended early in New York and then turns around … that’s the buy signal”.
And that’s when Vlad & the boys will be covering as well, but so far there’s
nothing to indicate that’s on the horizon, as the OPEC+ members continue to
pump more and more oil … pay attention to what they do, and ignore what they
say, cuz they’re all crooks and thieves looking to scam retail oil specs … getting
played by these assclowns is a never ending story by the vast trading oil public
… don’t be one of ‘em!
With China trade deal talks going nowhere, world economies slowing down no
matter what the chattering elites have to say, and production increasing, good
luck with anything but very short term long positions … cuz when the short
covering is over, it’s look out below.
Blog post update on Sunday … Onto next week mi amigos … Onward & Upward!!
Have a great weekend everybody!
-vegas
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