WTI's current range — is it just noise or something more?

asked by u/sabubakar · 24d · 1 answers

Been watching WTI hover around the low 80s for a bit now, and honestly, it feels like a lot of the talk is just rehashing the same supply/demand story. The indicators are choppy, and the real-money moves seem to be fading quickly. I'm starting to think this isn't just consolidation, but a lack of conviction from big players. Am I missing something, or is this just a dead cat bounce waiting for a catalyst? Change my mind.

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  • u/sofia_t· 1 pts· 24d

    I'm with you on the lack of conviction. It feels like everyone's waiting for a clearer macro signal rather than just trading the immediate supply/demand narrative, which has been fairly consistent for a while now. Do you see any specific macro event that could break this range?

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