Light Crude Swings

8 dic 2022

Im going to try and identify the daily ranges of Light Crude and the price swings based on fundamentals, the supply / demand curves can be drastically effected by gov. policy both domestic and foreign. I believe North American governments are pushing their economies onto the edge of recession. This will obviously push Oil lower. However i think their will be alot of intra day swings as the Mid-East and Russia try to prop up the price and their will be alot of opportunity for profitable trading. Currently i expect Crude to try and push back closer to $80 before trending downwards again...Trade at your own risk ladies and gentlemen! Have fun and make money!