Member Info for downbutnotout

shorters' pants on fire now. next leg up is 7p then 8p+

sugar rush high didn't last very long.. too much debt.

another leg down in oil once EIA data concurs with yesterday's API data.

its ironic but gas price is soaring as oil drops.

its overbought levels now? lol. dont be so happy..

oil moves up to retest resistance then gets whacked back down when US markets open..

break 7p and gap to close 8p+ wahoooooooo

still trending down. an attempt at a bounce made this morning but it failed to break WTI 56.50 resistance. the trend seems now set for the rest of the day IMO. in summary, bearish today.

marshall get ready even lower oil. its crashing through every support level at the moment. maybe brent is going to low $60s.

brent is now under $66!

below my target now $66.38!!

i think a bounce from here but wtfdik.

$66.6

WTI resistance at 58.00 if you look at daily chart it bounced off there when there was a wee attempt to rise.

maybe 66.50 for brent but could bounce before then. drop has been maybe too quick and fast today lol. if oil stays at these lows then i see Premier going into 80s. chart doesn't look good if SP closes below 95p.

attacking WTI 58.00. if broken i have a lower target!

brent is $67.50

marsh - why don't you look at the chart for WTI? don't you see it pulled back from $59 just like i said it would!! not mad up at all.

looking grim here if Premier closes at or below 95p.

marshall why don't you post some facts like myself?

next move in oil if its to the downside will be v.painful for holders here IMO. 80s possible today even if oil only drops 1-2%

OPEC cuts its global demand forecast for 2019. 31.5m b/d

too much oil!! SA, Russia & USA all pumping at record levels.

theres resistance at WTI 59.00

Abu Dhabi in the news today.

Trump tweets today oil price should be much lower.

only chancers buying at the moment hoping for a bounce in the oil price. technicals still point to more downside..

$70

oil price still under downward pressure..

Apple switching to Finisar??

all that will come out of this opec meeting is some words to talk the market up a little and give some support. likely nothing of substance comes out of it. If anything gets done it will be in Vienna a month from now..