AntiHerojess

If life gives you $10 oil, you cut out organs to buy $10 oil

Long
NYMEX:CL1!   Contrats à terme sur pétrole brut léger
Lot of moving parts on this one and its more words than charts but let me highlight some key fundamentals that are going to drive the buy of a lifetime

Factor 1: Key support at the $10 area, price has never breached that low before ever and I expect $10 support to hold like a brick fucking wall
Factor 2: Demand around the world has plummeted
twitter.com/JavierBl.../1250333876716597251
Factor 3: Supply inventories at the 5 year range
twitter.com/dlacalle.../1250745858309722114

So no demand, high supply and high inventories. This is Econ 101 of supply and demand. So we will be getting out $10 oil, just put a limit bid in and let it trigger

X Factor: Right now we are seeing in the mainstream news, anti china ads
X Factor 2: There are anti american propaganda in China brewing, the common idea is that America has created this Virus

X Factor Conclusion: If these 2 sentiments in media continue from both sides, we might have a war...which is explosive to the price of oil
Oil could hit all time highs passing $160 if there is a war that breaks out.

If you get a 2x levereaged oil etf, you can make a 20x return, minimum, once oil recovers over the next few years

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