The oil issue ... - page 40
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Don't panic, Uncle Vova's got it all worked out:
what's up? Mavrodi with the Chinese, has he made a good turnaround, or have they already covered him up?
The ruble's fall is as uninteresting as America's default.
The rouble is always falling and America is always defaulting.
It seems that both the first and the second are endless ))
The ruble's fall is as uninteresting as America's default.
The rouble is always falling and America is always defaulting.
It seems that both the first and the second are endless ))
http://www.zri-v-koren.ru/narod-dolzhen-pomoch-prezidentu-unichtozhit-stayu-shakalov/
They have a way of luring the listener into a discussion and empathizing with everything they say ... it has nothing to do with politics (and the HSE too).
I was just parroting the fact that there was a post about oil going up 10% ...
It depends on which timeframe you look at ... The crisis in the USA was shown here with charts, but if you take a monthly timeframe for example, there was no decline at all - just a little bit of a slowdown on the way up:
Wondering :
The price of oil is falling, OPEC is not cutting production, the US is starting to export oil for the first time in 75 years, which it was not buying at current prices.
WHAT IS THIS?
In practice the more commodity and supply the lower the price, does the majority want to collapse the price of oil to 5-6$ ??? then production itself will become unprofitable.
Who needs it?
What will happen next?
What to hope for?
And when will it end?
Let's try to understand it at least a bit, are there any experts on oil ? I don't understand anything at all....
That is the outcome. As far as timing goes, I don't know.
As for oil, it is falling on the monthly timeframe....
On the 4-hour timeframe, if it breaks 32.32 up on the closed bar, then we can talk about the beginning of an uptrend on this H4 timeframe:
and on the daily timeframe it would simply mean the beginning of a market rally within the downtrend:
And on the weekly chart it doesn't mean anything at all - as it was falling, so it is falling (whether it was +10% or not):
The nearest pivot level is around 10-11. The next one is below the plinth - literally!!! So I think the target is obvious!!!
And everything will end, for Russia in particular - when it gets really bad!!! In short, collapse, default.... And then, I think, oil will go uphill. They will write off debts and everything will be fine! For example I was shocked the other day - I read on the Internet - the rouble is falling, everything is falling, and people are running to the shops again to buy a TV set... And not just for fun, but on credit!!! They cannot even understand how they are going to pay for it!!!! The answer is no way. Because they won't have any money. And then what? And then they will write off their debts, banks will collapse, and the more debt figures will be written off in the states... the more the better.
That is the outcome. In terms of timing, I don't know.
I used to give 15 rubles for 1 Polish zloty (the ruble was 55 or 57 for the dollar), and at the beginning of January this year they were taking 17 or something rubles for the zloty (in exchange offices):
Their zloty is falling, and our ruble is falling... They think we are in a crisis and we do not have to buy their strawberry beer and Norwegian fish, etc., while our prices have remained unchanged and do not depend on the falling ruble.
Let China and the U.S. deal with this, and let everything in our country fall in sync with each other so that the mutual exchange rates do not change.
In general, in a few years only we ("downshifters") will remain (other countries will become like us from the crisis).