Oil short: get ready for next liquidation sale.# Stock
i*Q
1 楼
I'm very bearish on global markets. SPY forming wave b; wave c will be
catastrophe and may cause more liquidation sale.
During crisis, dollar surges, commodity prices collapse.
China has long way to go before bottoming: SSEC at 2800, not likely to base
above 2000.
Oil seasonality: March-May price shows strength, May-July consolidation, Aug
-Oct up again, Oct-Dec shows weakness.
The best scenario for short: oil seasonal consolidation/weakness overlapping
with SPY wave c, price goes to $20.
Serious traders: PM me your E-mail/WeChat; we can share and work on this.
Good Trading!
catastrophe and may cause more liquidation sale.
During crisis, dollar surges, commodity prices collapse.
China has long way to go before bottoming: SSEC at 2800, not likely to base
above 2000.
Oil seasonality: March-May price shows strength, May-July consolidation, Aug
-Oct up again, Oct-Dec shows weakness.
The best scenario for short: oil seasonal consolidation/weakness overlapping
with SPY wave c, price goes to $20.
Serious traders: PM me your E-mail/WeChat; we can share and work on this.
Good Trading!