Comments on: /CL USO Crude Oil At Support 1-21-25

By: rugiii

rugiii — Wed, 22 Jan 2025 12:26:23 +0000

In reply to rsotc. Imo the existing oil supply demand is not going to change in days, the new production will take time to get in effect and drive prices at actual

By: Dkpdkp

Dkpdkp — Tue, 21 Jan 2025 21:11:35 +0000

In reply to rsotc. Hi Randy- I asked this question last week but you must have missed it- what is the equivalent of UNG to a nat gas price around $ 4.90? Just a ballpark figure-thanks!

By: rsotc

rsotc — Tue, 21 Jan 2025 20:43:16 +0000

In reply to Blueberry. Agreed. Thx for pointing out.

By: rsotc

rsotc — Tue, 21 Jan 2025 20:42:56 +0000

In reply to rugiii.

I’ll have to look into that & if I have any thoughts worth mentioning, I’ll share them in my next video (read this after today’s video) or static chart post update on crude (which I closed out today).

Still like /NG up to my 4.90 target as of now & think today’s pullback to support is an objective buy point.

By: rugiii

rugiii — Tue, 21 Jan 2025 20:03:49 +0000

Hi Randy, Can you explain the impact on oil and natgas based on trumps energy emergency declaration? In your next video is fine.

By: Blueberry

Blueberry — Tue, 21 Jan 2025 15:10:45 +0000

Apple coming to major support and EMA