A brief review into the catalysts which can impact commodities such as crude oil. $20 increase in one week, with half of that being in the last 24 hours as conflict unfolds. Crude Oil was trading at $66 this time last week. $77 yesterday and currently over $88 Exponential compounding is still anticipated - who is positioning before the weekend ? I think we likely see $90 today / Monday
@Kinga Corina Mesaros really great stuff !! It’s too indecisive within its current consolidation range. Can swing $10+ intraday and candlesticks are not proving reliable. I’m waiting for another catalyst to drive momentum
@Kinga Corina Mesaros yeah it is heavily manipulated currently. The amount of news coming out on supply shortage, production & transport compromised due to conflict & fuel prices increased yet the price is still on the dip…