If oil & oil stocks are not putting in a top today,they are darn close to doing so.I have had a target of $90 on XLE,which it hit today. My downside target for XLE in the bust & bear next year is $20.I continue to think oil is at cycle highs & will fall to $30 in next year's bust
Yea Furu - was a
Any chance of short squeeze or bounce morrow ?
Posted by kevindeng0727 on 9th of Jun 2022 at 04:44 pm
Yea Furu - was a typo lol.
If you want some entertainment: https://twitter.com/DaveHcontrarian/status/1531701226861121538?s=20&t=XTxC9xCmdP9VSuQBTeyyUQ
So he's predicting an oil
Posted by mastermind on 9th of Jun 2022 at 06:00 pm
So he's predicting an oil bust down to $20 but a SPX melt up to $6k? I don't get it.