Special Opportunity for Big Energy Profits Readers

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Hey Trader,

Happy Wednesday! I hope everyone is having a great week.

Tomorrow is the day we've all been waiting for…

That's because tomorrow I'll be hosting a live training event to show you how I use the same information you read in these newsletters every week to generate $34,680.77 every 13 days.

I'll show you exactly how I do it and how you can profit right along with me.

My team and I have worked very hard to make this live training event a reality.

We look forward to showing you how to use the information in this newsletter to generate tens of thousands of dollars every single week...

Just click right here to register for the live event.

Make sure you claim your spot early. We have limited spots available and they will fill up fast.

So click right here to discover my secret to making $34,680 every 13 days…

Hope to see you there!

To Big Profits and Beyond,

Anthony Speciale Jr

Editor & Chief Investment Strategist,

Big Energy Profits

Hawkeye Traders
team1@hawkeyetraders.com
hawkeyetraders.com

Crude News

China has been buying a lot of U.S. crude oil lately, perhaps in a belated attempt to fulfill some of the energy import quotas agreed with Washington last year or perhaps in a bid to take advantage of super cheap U.S. crude. But the buying spree is about to end.

This month alone, China could import between 867,000 BPD and 900,000 BPD. And then the flow of U.S. oil into China will decline, and it will decline sharply. The U.S. crude that has been going into China since July—and reaching major records in terms of volume, with the July daily average alone up 139% on the year—was bought much earlier, in April, May, and June. This was oil bought when West Texas Intermediate was trading at multi-year lows. By June it had recovered to about $40.00 so purchases since then have been more modest.

But here is the worrying part: much of the oil price recovery we've seen since this spring was caused by rising Chinese imports, including from the United States. Rising imports are traditionally taken to mean improving demand, but this time this has not been the case entirely. Chinese refiners have been stocking up on crude more because of the historically low prices than to satisfy growing demand.

In all fairness, oil demand has been seen as recovering pretty faster after the end of the lockdowns there but since China is not an isolated economy, its refining industry needs a recovery elsewhere in Asia and globally, and this has been slow in coming. Now, none other than OPEC is warning that a second wave of Covid-19 infections—already visible in parts of Europe, for example—will further slow down demand recovery, which will inevitably affect Chinese oil imports.

How to Master Market Cycle Psychology:

The Depression Phase

Life isn't fair. Life isn't convenient. Life can straight up suck sometimes.

If you can remember one of the lowest points in your life, it should serve as a reminder of your rise from the ashes…

Because there always comes a time when the market crashes and burns.

But even if the market reaches its lowest economic downturn, it can serve as your greatest opportunity for reward and profit.

The question to answer is whether you're in the right place at the right time.

Surviving the Crash

  • You know you're in a depression when it brings long periods of:
  • Unemployment
  • Drop in consumer spending
  • Limited access to credit
  • Bankruptcies and business closures
  • Panic

All you have to do is look up instances of the Great Depression in 1929, the housing crash in 2007, and the global pandemic of 2020.

March brought about a 25% downturn in the global markets, an oil price war between Russian and the OPEC, and Wall Street had its biggest single-day percentage drop since 1987.

Hindsight was truly 2020.

But despite hitting the lowest point, depression in the market cycle can be used to your advantage…

If the situation presents itself.

Down but Not Out

Just as the market reaches a cycle of euphoria and presents the biggest risk, the depression allows for the biggest reward.

If you weren't vastly affected by the market crash and still have some capital, you may be able to buy some securities or assets for a bargain price.

In fact, oil prices turned negative in April 2020 so oil companies would even pay you to own stock or oil.

This was due to the fact that oil producers wanted to avoid storage costs. That only goes to show the fear one trader feels during a depression can be excitement for another.

Be sure to do your due diligence though. Just because certain securities fall below a certain price doesn't always mean you're "buying the dip" in hopes of making a profit.

Ensure that you use protective measures to protect your account and that you are buying at the lowest point before that security rises from the depression phase.

It's Not Over Until It's Over

Stock market crashes are not fun but they are inevitable due to historic events and cycles. But if you're one of the lucky ones and stay level headed with your trading…

You can rise above the panic and the fear.

You can even seek out other opportunities and bargains other traders miss out on. It's not over until it's over.

Take advantage of this short window of opportunity

If you are one of those traders who missed the incredible run we had this summer because you were too afraid to get in during the corona selloff, now is your chance to redeem yourself.

You have an all-too-rare second chance to get in on the action while prices are still low.

You just need to be able to see which trades are actual deals and which ones are duds.

That's where "V-Swarm" comes in.

"V-Swarm" allows you to see which trades the institutional investors consider valuable.

That way you can just copy their moves and profit alongside them.

Don't let this wealth-building opportunity pass you by again.

Use "V-Swarm" to find the best trades and take advantage of this market correction.

Click Here To Find The Best Profit Opportunities In This Market Correction.

Daily Analysis

WTI Light Sweet Crude Oil Futures Analysis … CLV20

Near-Term Outlook: For Wednesday, the $40.00 - mid $40.00 price area can contain buying through October trading activity, below which mid $31.00 price area remains a several week objective.

Near-Term Bullish Scenario: Closing above the mid $40.00 price area indicates the mid $43.00 price area which is then likely within the next several weeks.

Near-Term Bearish Scenario: Closing below the mid $36.00 price area allows for a bearish rotation towards the mid $31.00 price area likely within several weeks.

Key RESISTANCE price areas for WEDNESDAY are likely to be:

$41.60, $42.45, $42.95 - $43.45, $44.75 - $45.25

Key SUPPORT price areas for WEDNESDAY are likely to be:

$40.95, $39.85 - $39.35, $38.55, $38.05 - $37.50, $36.25 - $35.75

Wednesday's Trading Price Range is likely to be:

High: $40.53 / Low: $38.82

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CFTC Regulation 4.41 These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.

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