Crude oil is getting ridiculously cheap! Whilst the global demand for oil is decreasing due to mass quarantine, this will only be short lived (1-2 months). China is pretty much back online and working again as their outbreak has tapered off.
We are looking to start buying crude at the 161% FIB level roughly $23 per barrel. Keep your stops below 10.00 and hold for the foreseeable!
Any thoughts or comments let us know!!
The opportunity to buy crude at these levels doesn't come around that often!! DO NOT MISS OUT
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