NY Heating Oil Relief Short

NY Harbor ULSD FuturesNYMEX

Opis

⋅ 22 paź 2022 20:19

NYMEX:HO1!

NY Heating Oil Relief

I just filled up the heating oil tank.

$4.40 per gallon for 200 gallons = $880 delivered to the Fat_Fat residence.

Pre-Covid it was half that price.

Imagine being in Europe this winter..... Damn.

Hopefully we see this big "C' wave down.

Targeting the 0.618 fib at approximately $2.35

My fellow New Yorker's need some relief.

Fat_Fat

Komentarze

Skipper86

⋅ 24 paź 2022 00:56

I'm usually with you but I don't see how drawing the fork to the most recent week is telling us much. Distillate stocks are the lowest they've been in decades. As for technicals, we just bounced off the 20day and retested the downtrend. Careful out there.

JoeChampion

⋅ 23 paź 2022 09:19

Cheers!

Cousin_Fat_Fat

⋅ 23 paź 2022 20:58

@JoeChampion, Thanks!

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