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Sgreg

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Sgreg

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Tuesday, 11/27/2018 5:02:13 PM

Tuesday, November 27, 2018 5:02:13 PM

Post# of 934
API inventory report seems bearish at first look however the builds week over week are now decreasing so that is bullish. Big drawl in gasoline also. Finally once the price is cheap enough inventory reports don't matter. The turnaround from the last oil crash was in March 2016. A very bearish EIA report came out with a massive build and from that day on oil went on a 2 1/2 year run. Have to see EIA report tomorrow and the reaction. After that we may know if bottom was in.

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