This is now real

Yesterday while the expiring May Contract ended negative due to delivery issues..Today the June Contract is spot .

But today It has plunged from a close above $20 to $5 !

MOVING SO FAST i CAN’T KEEP UP..NOW BOUNCING TO $9 BUT IT TRADED FOR REAL AT $5

Anyone trying to catch a falling knife got stabbed in the groin !

This is yesterdays Chart…remember that flag we were talking about ..would this be a 5 point reversal or a Half way flag >?

Didnt take long to find out

Stckcharts doesnt update the price until end of day so I took the liberty


That is by far the lowest price EVER for $WTIC

Inflation adjusted from the 80s this would likely be the equivalent of pennies a barrell

So say this is Good for Putin

I don’t think so !