TradeAgainstDaMachine

Supply shock / weak dollar/ technicals

TVC:USOIL   CFD Petrolio WTI
There’s a huge supply scare approaching our shores, but I think it’s priced in at this point. We got the news March 8th and the markets made there moves. Shutdowns were announced a week later and market dipped lower. We are now talking about reopening... Plus a weakening dollar. Oil industries reducing capex across board. This is all adding up to be a slow accumulation opportunity for big money.
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