DSMJFinancial

Coming out of OPEC Meeting Today - Where to, now?

Long
AMEX:GUSH   Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares
After an almost comedic OPEC meeting today, we were on our way higher with the prospect of continued tempered production. At least for a month or so... By May the spigots would be expected to be opened up again. (Russia will increase production in April) However, I'm guessing that the tech troubles and Powell speech today shook it all up a bit. I'm still liking the up-trend for now. ...no Harry Potter glasses here, capisce?


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.