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12

16/12/15

14:32

Post #: 16627241
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Originally posted by CaptainGrumpy ↑

Hi Gents,

Any updates to the Oil and STO Charts?

As i've mentioned before I follow this guys analysis. http://www.marketwatch.com/story/which-is-more-likely-33-or-75-oil-2015-07-27

One for the key factors he was looking for was the weekly volume red bar in USO to surpass that of the GFC crash. There were a couple of green bars in Feb and Aug that met those levels, but I think we've finally put in that 200m red bar on the weekly http://thearorareport.com/IMAGE_PAGE/USO-12152014.html

I know his article indicates a low target of $33 WTI, but I wonder if we're close enough?

Also if anyone has an interest in Drillsearch (DLS) and or (Sundance) SEA, any opinions would be very welcome.

Cheers

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I've bought more STO today Captain. Will comment further when more time tonight.
1 Upvote

0 Great analysis

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