/biz/ - Business & Finance

Anonymous Thu Nov 9 00:19:10 2023 No.56600918 [View]
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>>56600859
>Buddy, oil's gonna hit the 80's next, not the 60's. That's blatantly obvious.
no it's not. WTI crude broke trade and trend and is headed lower

>1) OIL – When does bad = bad?’ Have you seen the -18% decline in Oil from the Q3 US GDP acceleration? You know the U.S. recession started in OCT (I.e. Q4) of 2023, right? No bounce this morning with WTI down another -0.7% to $76.84 with an immediate-term Risk Range™ Signal of $76.27-83.62 and we’ll look to short bounces from here.

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