In the days leading up to OPEC meetings, I wonder how much money
is made by all the sovereign wealth funds, oil ministers, royal
families, dictators, etc. who trade in front of their announcements
and leaks? Must be a humongous sum. Not like those countries have
issues with insider trading! Must be part of why the charts can get
so crazy...not a good time for amateurs to be trading oil
futures!
Who knows what this will look like by morning...I wonder if
those oil ministers looked at the rising wedges
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Crude breaking down again out of a bear flag on 60 min
Posted by puma on 31st of May 2016 at 11:53 pm
In the days leading up to OPEC meetings, I wonder how much money is made by all the sovereign wealth funds, oil ministers, royal families, dictators, etc. who trade in front of their announcements and leaks? Must be a humongous sum. Not like those countries have issues with insider trading! Must be part of why the charts can get so crazy...not a good time for amateurs to be trading oil futures!
Who knows what this will look like by morning...I wonder if those oil ministers looked at the rising wedges