BTA (@bta_binary_tree) 's Twitter Profile
BTA

@bta_binary_tree

BTA Analytics aims to provide transparency and analytics in respect to capital markets instruments | Macro Views and Special Situations | Not Financial Advice

ID: 1491835810416664576

linkhttps://www.binarytreeanalytics.com/ calendar_today10-02-2022 18:06:21

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we are hitting historic support levels in #Brent but w/o a fundamental change from #OPEC it is hard to call a bottom here $XLE

we are hitting historic support levels in #Brent but w/o a fundamental change from #OPEC it is hard to call a bottom here $XLE
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unreal action in #WTI today. now down -14% in the past month w/ technicals in shambles. #OPEC intervention soon otherwise 60s is the new 90s $XLE

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If you are thinking about buying #Oil here, don't. Best bet for a reversal is via a high FCF E&P company, not an ETF like $USO #WTI $XLE

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Citigroup analysts have revised their US rate cut forecast following the latest US inflation data, now predicting that the Federal Reserve will cut interest rates by 25 basis points at its upcoming meeting next week. $C * the biggest joke bank analysts *

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Central banks around the world, which tend to be in it for long-term, are still adding gold to their reserves at breakneck speed following 2023's splurge - the second highest for the official sector on record. $GLD #GOLD