Closed My Oil Position - The Market Just Isn't Reacting Anymore
📉 I’ve decided to close the position.
Oil has been reacting rather weakly to recent events. Six months ago, news like this would likely have triggered a sharp upward spike - but now… it feels different.
People are just tired of all the constant swings and empty talk. 🥱 No one really believes the situation won't just reverse again tomorrow.
I still think oil should be trading higher, considering depleted inventories and the current situation. But I’m not going to argue with the crowd. Besides, there’s always a chance I’m missing something.
Originally posted on Telegram channel.
