I held off an entry into the oilers as this month looks dire, fundamentals in demand and uncertainty over the global lock down is a massive concern. You could not possibly be confident unless a very short term trading opportunity arises.
Couldn't believe the rally in Aussie oilers over the last 10 days at least it will cushion the next wave down specially for companies like WPL, BPT etc
SXY may well see 12.5 again over the month of April.
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