Be Greedy when they are fearful and be fearful when they Are greedy. Those who will miss out on the breakout tomorrow will be looking at the latter phrase of Buffet’s quote. Brent broke out and up 11.58% at $30. When algorithms did that tree shake a few days ago, it was a beautiful setup for a massive leg up. Oil prices will still be volatile but expect a green day tomorrow until Thursday as Australia eases restrictions. Friday will most likely be a down day as Traders take profits. Good news though, every day demand will pick up due to ongoing production cuts, and businesses reopening from Thursday onwards including Apple stores. People flock like birds to these stores. All imo, gltah.
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