
2 / 24

Crude Oil ~ Daily
Everyone I talk to wants to either buy oil or is sideline quarterbacking, with an expectation of $100 oil. In my view, this is not bullish. The pain trade is a reversal lower to resume the downtrend. We still believe the low-$50.00s to high-$40.00s are in play. #crudeoil #oil #Strait_of_Hormuz