WTI Crude Update: De escalations of US/Iran tensions will offer selling opportunties across oil markets.
- US de escalation of US/Iran tensions. Rhetoric confirmation over the coming weeks will fuel our short bias lower toward $50 per barrel.
- EIS/API record supply & bearish inventory figures near backend of 2019.
- Price remains largely rangebound, fading 2019 highs with bulls failing to push through 200DMA with any conviction.
- +20% move on the table toward our buyside liquidity target of $50 per barrel.
- Sensitivity remains to the downside from here. We have added bearish exposure to our macro & directional portfolios.
- US de escalation of US/Iran tensions. Rhetoric confirmation over the coming weeks will fuel our short bias lower toward $50 per barrel.
- EIS/API record supply & bearish inventory figures near backend of 2019.
- Price remains largely rangebound, fading 2019 highs with bulls failing to push through 200DMA with any conviction.
- +20% move on the table toward our buyside liquidity target of $50 per barrel.
- Sensitivity remains to the downside from here. We have added bearish exposure to our macro & directional portfolios.
Not
Should see price pivot here from the 200DMA. Would like to see some impulsive conviction to the sell side and follow through from here
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.