Muskaan Dewan

What is your current outlook as a day trader for WTI

Recommended Posts

Will WTI go up cause of US Iran tension?? and Saudi's investment in India.

if you look at demand supply factors. Demand is normal, and supply is stored in Inventories, which is a lot.

Goes down due to US China tension, may go down more if China invests in Iran.

  • Like 1

Share this post


Link to post
Share on other sites

20 minutes ago, Muskaan Dewan said:

Will WTI go up cause of US Iran tension?? and Saudi's investment in India.

if you look at demand supply factors. Demand is normal, and supply is stored in Inventories, which is a lot.

Goes down due to US China tension, may go down more if China invests in Iran.

Yes

  • Like 1

Share this post


Link to post
Share on other sites

(edited)

Down because of the charts.  Shorted it @55.  

Edited by Zhong Lu
  • Like 1

Share this post


Link to post
Share on other sites

And... I was wrong.  

  • Haha 1
  • Rolling Eye 1

Share this post


Link to post
Share on other sites

(edited)

5 hours ago, Muskaan Dewan said:

Will WTI go up cause of US Iran tension?? and Saudi's investment in India.

if you look at demand supply factors. Demand is normal, and supply is stored in Inventories, which is a lot.

Goes down due to US China tension, may go down more if China invests in Iran.

 

 

 

.

 

Edited by SKEP

Share this post


Link to post
Share on other sites

13 hours ago, Muskaan Dewan said:

if you look at demand supply factors. Demand is normal, and supply is stored in Inventories, which is a lot.

I would gently mention that "supply" is always there, always greater than "demand," by which I suspect you really intend "consumption."  When was the last time you pulled up to the gasoline pumps at a filling station and were told, "Sorry, no more gas until next Tuesday?"  Never happens.  There is always supply. 

The real issue is:  when the consumption drops off, which eager supplier will be shut out of the markets due to requiring a price higher than the other sellers, who can and will drop their price in order to stay in the game?  (Some betting here on Oilprice suggests Canada.) 

  • Like 1
  • Upvote 1

Share this post


Link to post
Share on other sites

21 hours ago, Muskaan Dewan said:

Will WTI go up cause of US Iran tension?? and Saudi's investment in India.

if you look at demand supply factors. Demand is normal, and supply is stored in Inventories, which is a lot.

Goes down due to US China tension, may go down more if China invests in Iran.

I agree

Share this post


Link to post
Share on other sites

(edited)

Shorted again earlier in the day.  Made back half of what was lost yesterday.  

Edited by Zhong Lu

Share this post


Link to post
Share on other sites

Gloomy

A0D6FCB3-8BDF-4DBB-B22D-441761724BC9.jpeg

Share this post


Link to post
Share on other sites

On 8/13/2019 at 9:16 AM, Muskaan Dewan said:

Will WTI go up cause of US Iran tension?? and Saudi's investment in India.

if you look at demand supply factors. Demand is normal, and supply is stored in Inventories, which is a lot.

Goes down due to US China tension, may go down more if China invests in Iran.

Where ?

Share this post


Link to post
Share on other sites

On 8/13/2019 at 9:16 AM, Muskaan Dewan said:

Will WTI go up cause of US Iran tension?? and Saudi's investment in India.

if you look at demand supply factors. Demand is normal, and supply is stored in Inventories, which is a lot.

Goes down due to US China tension, may go down more if China invests in Iran.

Sure

Share this post


Link to post
Share on other sites

On 8/13/2019 at 9:16 AM, Muskaan Dewan said:

Will WTI go up cause of US Iran tension?? and Saudi's investment in India.

if you look at demand supply factors. Demand is normal, and supply is stored in Inventories, which is a lot.

Goes down due to US China tension, may go down more if China invests in Iran.

Oui

Share this post


Link to post
Share on other sites

On 8/13/2019 at 9:16 AM, Muskaan Dewan said:

Will WTI go up cause of US Iran tension?? and Saudi's investment in India.

if you look at demand supply factors. Demand is normal, and supply is stored in Inventories, which is a lot.

Goes down due to US China tension, may go down more if China invests in Iran.

Ko 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.