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Goldman Sachs: $90 a Barrel Likely Ceiling for Brent Crude
Daan Struyven, Goldman Sachs head of oil research, says that if there are not any new geopolitical tensions, the path of least resistance for oil is to drift lower. He speaks on Bloomberg Television.
Bloomberg03:53 ET
U.S. Crude Oil Drops by Most Since January as Supplies Rise More Than Expected
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SpyderCallOP :
@ThirtyOne
Check it out. I know you were asking about $United States Gasoline Fund Lp (UGA.US)$ the other day. We might see a swing up soon. I'm still trying to decide wether to go long or not. I can't find any news or any type of catalyst for this pop so I am still skeptical.
ThirtyOne SpyderCallOP: I appreciate it! Yea I have been watching this with UNG
TinkerB3ll SpyderCallOP: Agree personally now look to go long but again NG is so highly manipulated
SpyderCallOP TinkerB3ll: That is exactly why I am skeptical. I feel like the manipulation could be at its highest ever since the Russian war/Nat gas supply issues.
Ultrablueman TinkerB3ll: ng is heavily shorted that's why kold when ung is high
leew1966 : Hello thanks for posting all this info for us, I wanted to ask are you the person who made the trend process, if so where can i get it ty
102640653 : Hi. If u r free can u have a look at Shanghai stock index. I am looking a bottom is in place for Shanghai market. They will this be helping out China a50 n hongkong market. Can see technical details on Shanghai index. I’m still looking at bottom for Alibaba n Tencent. Hopefully if it works out.
SpyderCallOP 102640653: I will check on it in a little bit. I will get back to you
SpyderCallOP leew1966:
I didn't really invent anything. I am just calling the charts as I see them. I've had a little practice. I think a lot of investors use the same method that I use. That is why it works sometimes.
I kind of developed my own method from all of the little bits I have learned throughout my MANY many hours in front of my computer. I am basically self-taught, but I wouldn't call anything my own process that I made myself.
SpyderCallOP : And yet again another red day