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Possible but I'd watch it for a bit here. I'm thinking we may get a little oil spike before the drop. Just my opinion. Trade well and good luck.
"QUE THE DUMP!"
I think oil try's to move back to $28.5 area and fails under $48 this time.
Good morning everyone. Hope all is well. Looks like the drop in coming in today. Good luck ladies and gents.
I see that. I'm not going to play any direction until tomorrow. Heading back to work now, enjoy the rest of your day Kam.
Yes I may have some time in my he late afternoon but prob waiting until tomorrow.
I have a feeling we see that $50 today but won't touch it while I'm at work so just watching.
I agree LMS, I'm thinking "QUE THE DUMP!!"
I agree Kam. I Just need to watch it closely so that I can catch the wave. I hope it makes big moves soon. Before I have to head to work for the day. Good hunting my friend.
Hmmm looks like that was a timely exit.
Nice action this morning. Out U product will watch action now. Wait for next buy. Trade well my friends.
Good morning all. Nice move up in oil so far. Let's see if we get to that $50 Kam called. Good luck and trade well.
Ok starting a small scalp in U here.
Let me rephrase that. QUE THE DUMP!!
Annnd que the dump. . I think if it doesn't break new highs here soon we'll see $48.5 if hen I grab some U product for a scalp.
And as you say that I see oil already pulling back. I'm gonna wait to see if it pulls back to $48.50 or below, before making a long play otherwise I'll wait for report. Trade well, and nice play to those that caught the upside.
Nice move up today foroil. May be a good week to scalp on the long side.
Ok I will tonight after work. I use TOS, what do you us for charting if you don't mind me asking Kam.
Yes seems above my skill levels to interpret so I'm staying out for now.
Glad you're taking advantage of it Kam. Winning Week for me so far. Didn't catch that $47.5 rejection. So no play for me today.
Here it comes $47's leaving see what it does here.
Same here BOS, not sure it gets there but I'm going to be patient.
Watching for an att mother for $46.5 and rejection for D scalp.
Good morning all. May try another D trade today but I think I'll wait a bit. See if it stays above $46. Good luck all.
I see a bit about Colonial pipeline shutting their pipelines bringing jet fuel to the north east today and the one bringing gasoline tomorrow. Maybe anticipation of large build ups caused the drop.
Wow looking over the days action. Will be interesting tomorrow for sure. Catch you in the morning WW.
I actually expected a bit more upside but also expected a bigger drop after. Learned my lesson and locked in profits this time. I'm thinking low $45's still possible tomorrow but will be watching. None the less it was a good day. And now back to work for me. Have a great day all.
Thanks Kam. PT hit and closed @ $32.6 I wasn't expecting that to hit until tomorrow. May just have gotten lucky with that one but seemed like the potential was there, I was looking at your convo earlier and that helped.
In D for a trade.
Good morning Kam. Same here. Just watching. Looks like it's doing it convulsions as usual right now.
Good morning all. EIA day today. Not sure it will have an impact this week. W 'lol have to wait and see. Good luck all, trade well. I'm thinking mor lows today throughout. But will wait and see.
Cut my U side as well. Started D buys for some quick scalp. Gonna be watching very close into reports. I think we see big downsides this week.
I think this is "QUE THE DUMP" time.
Things will definitely be interesting this week. Good luck and trade well.
Still holding small position UWT will wait for better buy.
I was going to type almost the exact same thing BOS. But I think we have to wait until tomorrow to be sure of the move. Even if we see a drop tomorrow I still think we see a move up Tuesday/ Wednesday. Prob touch WTI $50 then looking for $47's again shortly after.
20% golf coast oil production off line. We should see some upside.
Here here Kam. I echo that.
Good morning all. Looking forward to today. Let see what oil gives us. Trade well and good luck to all.
One of my concerns is if product gets jammed up and can't be deliver d to and from refineries. There will be a huge jam up in inventories sitting there. I guess we'll se could work out either way. Will deff be scalping tomorrow.