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Goldman's got skin in the oil game.

dmedin

By dmedin,
April 15, 2020 in Commodities

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bigstones

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bigstones

Posted July 10, 2020

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Posted July 10, 2020

There seems to be a correction in Brent oil every 10-14 days since the April lows, occasionally prefaced with a smaller drop and bounce. Is this just another correction before next leg higher or are we gonna see a narrower range traded here for a while til the second wave of Rona sorts herself out?

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dmedin

dmedin

June 9, 2020

Ay me, Samantha 🤔 Goldman expects Brent prices to reach $35 per barrel in the short term, compared with around $43 hit on Monday. https://uk.reuters.com/article/uk-global-oil-research-goldm

Caseynotes

July 1, 2020

which oil? are you calling Monte a liar? 👀 US Crude;

bigstones

bigstones

July 10, 2020

There seems to be a correction in Brent oil every 10-14 days since the April lows, occasionally prefaced with a smaller drop and bounce. Is this just another correction before next leg higher or are w

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dmedin

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dmedin

Posted July 10, 2020

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Posted July 10, 2020

A big selling candle, almost immediately followed by a big buying candle.

Make sense of that if you will.

Trade it up and down both ways, if you can.

Makes no sense to me

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Caseynotes

Posted July 10, 2020

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Posted July 10, 2020

11 minutes ago, dmedin said:

A big selling candle, almost immediately followed by a big buying candle.

Make sense of that if you will.

yeah sure. In a one way auction price can only move in one direction (up),

BUT in a two way auction price can move both up AND down.

For the last 12 months you have been participating in a TWO way auction.

Sorry to be the one to break the news to you.

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dmedin

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dmedin

Posted July 10, 2020

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Posted July 10, 2020 (edited)

3 hours ago, Caseynotes said:

BUT in a two way auction price can move both up AND down.

Oh really?😨😨😨😨😨😨

Edited July 10, 2020 by dmedin

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dmedin

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dmedin

Posted July 18, 2020

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Posted July 18, 2020

Still no sign of $36 oil - no long for the Goldman.

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dmedin

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dmedin

Posted July 20, 2020

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Posted July 20, 2020

Oil sh!ts the bed.

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dmedin

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dmedin

Posted July 20, 2020

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Posted July 20, 2020

Only to go straight back up again

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dmedin

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dmedin

Posted July 21, 2020

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Posted July 21, 2020

Looks more like $46 a barrel is on the cards 😎

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dmedin

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dmedin

Posted July 23, 2020

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Posted July 23, 2020

Nope. Oil poops out

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dmedin

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dmedin

Posted July 25, 2020

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Posted July 25, 2020

Could be gearing up for another thrust higher, stuck in a range between R2 and Piv at the moment toots 😘

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dmedin

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dmedin

Posted July 27, 2020

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Posted July 27, 2020

Gearing up for a thrust Eileen 😘

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dmedin

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dmedin

Posted July 27, 2020

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Posted July 27, 2020

Oil sh!ts the bed! Funny old game!

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dmedin

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dmedin

Posted July 27, 2020

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Posted July 27, 2020

Look at that big stonker Irene

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dmedin

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dmedin

Posted July 30, 2020

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Posted July 30, 2020

$36 per barrel?! 😮

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dmedin

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dmedin

Posted August 5, 2020

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Posted August 5, 2020

Well, the Goldman's foreskin has lost its magic charm $46 oil comes before $36 oil!

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dmedin

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dmedin

Posted August 5, 2020

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Posted August 5, 2020

Well now Tamsin, will $45 hold and if so will it go on and have a stab at $49 😘

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dmedin

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dmedin

Posted August 10, 2020

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Posted August 10, 2020

Here's oil about to thrust higher Josephine 🤓

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dmedin

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dmedin

Posted August 11, 2020

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Posted August 11, 2020

😘

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dmedin

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dmedin

Posted August 16, 2020

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Posted August 16, 2020

Is oil about to thrust higher, Samwise Gamgee 🤓

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dmedin

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dmedin

Posted August 17, 2020

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Posted August 17, 2020

Not today, buster!

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dmedin

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dmedin

Posted August 17, 2020

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Posted August 17, 2020

Not far off Tamsin 🤓💨

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dmedin

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dmedin

Posted August 24, 2020

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Posted August 24, 2020

Are you gearing up for another move higher my dear? 💨

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dmedin

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dmedin

Posted August 25, 2020

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Posted August 25, 2020

Come on Eileen, let's have $47.50 for a barrel of crude oil 😘

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dmedin

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dmedin

Posted August 27, 2020

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Posted August 27, 2020

Well, Cassandra? Well, Eileen? Well, Tom Bombadil? 🐮

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dmedin

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dmedin

Posted September 2, 2020

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Posted September 2, 2020

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dmedin

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dmedin

Posted September 2, 2020

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Posted September 2, 2020

Still in an uptrend, technically ...

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dmedin

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dmedin

Posted September 2, 2020

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Posted September 2, 2020

Not any more though! Oil totally and utterly sh!ts the bed.

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dmedin

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dmedin

Posted September 2, 2020

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Posted September 2, 2020

KmQhxKx7

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dmedin

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dmedin

Posted September 2, 2020

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Posted September 2, 2020

Kiss goodbye to your job if you work in the oil industry.

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dmedin

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dmedin

Posted September 3, 2020

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Posted September 3, 2020

🤪

PhdKvs3o

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