Futures Trader

[Futures Trader @FuturesTrader4]

@tradecharting Make or break??? ummmm. yea it's broken.

[Futures Trader @FuturesTrader4]

@ganj032 That's what a lot of people were saying not too long ago at 76. Given OPEC commitment to cut production, I think the trend line will hold.

[Futures Trader @FuturesTrader4]

#OOTT #WITHOUTCOMMENT

[Futures Trader @FuturesTrader4]

@TradersCom @realDonaldTrump @Lee_Saks @apppro1 You think Trump will respond to this? 🤔

[Futures Trader @FuturesTrader4]

@LMT978 How high do you expect the snap back rally ? Bear market rallies can be pretty violent.

[Futures Trader @FuturesTrader4]

Risk to Reward favors the bulls at this point. #OOTT

[Javier Blas @JavierBlas]

Goldman Sachs is bullish (very short-term) #oil prices ($80 a barrel target by year-end. But **bearish** for 2019, with Brent ending at $65 a barrel) | #OOTT

[Futures Trader @FuturesTrader4]

Sounds like opec putting in a price floor. #OOTT don’t fade opec jawbone...

[Javier Blas @JavierBlas]

UPDATED: #OPEC+ ministers gathering in Abu Dhabi this weekend will discuss the possibility of cutting #oil production in 2019, according to delegates, a move that would mark an abrupt end to six months of supply increases | #OOTT Link here: https://t.co/UvBsIxmneQ

[Futures Trader @FuturesTrader4]

@energi_ca I was bearish at $76 when people were calling for $100. Now I’m bullish when everyone is bearish calling for a continued crash. So look for at least 71, then let’s see what happens. #oott could happen faster than most people think.

[Futures Trader @FuturesTrader4]

@EricMCornelius @energi_ca @oracle_of_oil @GarrettSills Correct, long liquidation only. No liquidity lead to extensive/extended sell off. #OOTT

[Futures Trader @FuturesTrader4]

@GNSensay Saudis have already hinted at easing production after elections. Expect more bullish verbal interaction next week. #OOTT

[Futures Trader @FuturesTrader4]

Feels like a capitulation low in the CL prior to sanctions and elections next week. #OOTT

[Futures Trader @FuturesTrader4]

@AdamMancini4 Large RSI divergence on the 240 chart. Will probably hold with equities rallying.

[Futures Trader @FuturesTrader4]

@Ronh999 Nice chart!

[Futures Trader @FuturesTrader4]

@Lee_Saks Time for a bounce.

[Futures Trader @FuturesTrader4]

#OOTT

[Saudi Embassy USA @SaudiEmbassyUSA]

To help clarify recently issued Saudi statement, the Kingdom of Saudi Arabia extends it appreciation to all, including the US administration, for refraining from jumping to conclusions on the ongoing investigation.

[Futures Trader @FuturesTrader4]

@aeberman12 Nice chart. Thanks for sharing.

[Futures Trader @FuturesTrader4]

@ganj032 Not yet....let’s see how next week plays out. Could be a rush for exits given all the bearish headlines late last week.

[Futures Trader @FuturesTrader4]

US soybean exports dropped significantly when grain tariffs hit. US oil exports dropped basically to zero. Check out a soybean chart 📉over the last year. Are Chinese imports significant to crude oil prices or not? #OOTT

[Futures Trader @FuturesTrader4]

1) China stops importing crude, during turn around season. This will naturally lead to larger than expected crude oil builds.
2) SA just said they have replaced all of lost Iran barrels with twice as much production with spare capacity. #OOTT. Fundamentals are bearish

[ﺭﺭ @DrRafiqRaji]

#RR #Trade #Oil #OOTT | #China slams the brakes on #US crude imports as the #tradewar rolls on. https://t.co/9BrC91QHKY

[Futures Trader @FuturesTrader4]

@JKempEnergy Based on recent Bloomberg interview with Saudi crown prince, it looks like they have moved to stage 5. What are your thoughts?