RE: Forthcoming week..15 Mar 2021 11:05
oil looking overbought to me and I think markets are about to sh*t themselves. Bubble goes pop and oil will take a hit.
I'm no expert though - just PI like you. But I wouldn't be long BP/ oil right now. You might see short term spike above 330 but in the next 6 months, I think oil just looks blood red to me. I've been building gold/bitcoin for the past 2 months and I think that's where you'll want to be in 1-3 months' time.
How anyone can think that we're just going to recover steadily from here astounds me.... huge crash coming. It may not be this month or next but I'm starting to suspect we're now nearing that time...