FULLY’S DEVIL’S ADVOCATE OIL CHART
ALL GAPS ON THIS CHART ARE NOW FILLED ( EXCEPT ONE ) …AND AS WE KNOW ALL GAPS MUST FILL
MANY HERE ARE BULLISH ON OIL BECAUSE OF THE “FUNDAMENTALS”
ALL FUNDIMENTALS ARE JUST SOMEONES IMPRESSION OF WHAT IS “REALLY” GOING ON IN THE MARKETS …BUT THE CHART IS THE SUM TOTAL OF MILLIONS OF OPINIONS
THE FUNDAMENTALS THE BULLS ARE IGNORING
1…CHINA AND INDIA AND OTHER EASTERN COUNTRIES ARE REDUCING THEIR CONSUMPTION BY 10%
2..USA IS THE NOW ( BY FAR) THE WORLDS LARGEST PRODUCER …AND GETTING LARGER WHEN YOU FACTOR IN THEY CONTROL PRODUCTION IN VENEZUELA
3…MID EAST COUNTRIES ARE DOING WORK AROUNDS MAKING HORMUZ LESS IMPORTANT
BUT AGAIN THESE ARE “OPINIONS”
THE REAL ACTION AS ALWAYS IS ALL IN THE CHARTS BECAUSE HUMAN PATTERNS REPEAT
RAMBUS HAS SHOWN THIS DEVELOPING PATTERN TO BE OFTEN REPEATED…GAP DOWN….GAP FILLED….CONSOLIDATION FOR A WHILE THEN DOWN AGAIN WITH ANOTHER GAP…LEAVING AN “ISLAND” ..THIS IS A VALID POTENTIAL OUTCOME BECAUSE “IF” A DEAL IS ANNOUNCED THAT IS WHAT WILL HAPPEN…NOTHING IS CERTAIN EXCEPT ONE THING…ALL GAPS FILL !!!!
Im all for you but other experts are not… actually Micheal Oliver is
but then isnt it supposed to go up again big time….?
“EXPERTS” SAID COVID WAS DEADLY AND VACCINES WERE SAFE AND EFFECTIVE
“EXPERTS” SAID CLIMATE CHANGE WAS AN EXTINCTION LEVEL THREAT
“EXPERTS” SAID AFTER J6 TRUMP WAS FINISHED AND BOUND FOR JAIL
THANK GOD FOR EXPERTS
I’m a buyer at that gap for sure in from of XLE and OIH
It looks like you will be right Fully! And I am so relieved. But this news that Iran has got nukes will bring a drop in crude and an end to the war. Hooray!
Oil is going to well over $100.
“this news that Iran has got nukes ” — Farmer do you happen to have any links to this info. I don’t see anything so far suggesting such a thing. Thx
Different topic — I thought you were of opinion that nukes are not real ….. was your comment meant as satire? Thx
Hey Kewl2, yes I have a link. I picked this story up on Mike Adams site. There is a video there discussing the story. Its come hrough Pepe Escobar of the Cradle which is in London. Check the first few minutes of this video.
https://www.brighteon.com/76d8b1b6-b73b-41df-a267-c2f3bfc12bea
I don’t do sarcastic or satirical things. Thats not my cup of tea. I don’t believe in Nukes though because they are a proven hoax. But everyone else does beleive it including politicians so its probably best to keep quiet and let them have their bad facts. Especially when it can end wars.
I went back to that site today. The claim of a nuke is still up. Weird since its nowhere else. Its pretty rare I find something that nobody else has ever seen before. Lol. So crazy. But here is the video evidence for anyone who missed it. The Claim is Iran has a Nuke (and I am not making that up).
Claim is Iran has a Nuke
https://www.brighteon.com/76d8b1b6-b73b-41df-a267-c2f3bfc12bea
Interesting video (only watched first few minutes) – imo Adams is CLEARLY uncomfortable with the veracity of the information – dancing all over the place and doing all he can to place the ownership of the information on others (Escobar) in particular while trying to avoid any link back to himself. Really not Adams normal style. So he cites Escobar, Johnson and Mearsheimer as main sources. Of those the most compelling would be Escobar … so I would want to hear his exact descriptions. The other two are fluff………
(Also agree btw that ESCOBAR is a serious journalist and does not hold back contoversial opinions (which often don’t jive with the storyline being sold).
So agree it’s interesting because it would be shocking news if true, but not remotely close to being authenticated by Adams. If true it is most likely an inside scoop by Escobar…… so I will see if I can find his article/interview. In all likelihood this is click bait that will fade as fast as it came.
MSM would NOT cover this even IF it was true due to military control of info psyops (until a device explodes somewhere and they can’t ignore it).
That would be great Kewl2. Try searching with Yandex. I used it on the assumption it would give me results that Google is hiding. And that idea may have worked out. Yandex is the most popular Russian browser in case you never heard of it.
And I found that because I use Yandex as my browser instead of Google.