The Ominous Signal that’s Changing the Oil Demand Outlook for 2021

The Ominous Signal that's Changing the Oil Demand Outlook for 2021

Dear Trader, Happy Friday!  In this issue of the Big Energy Profits newsletter we'll dive into: The "Goldilocks" Trading Strategy for the Perfect Risk/Reward Ratio The Ominous Signal that's Changing the Oil Demand Outlook for 2021 The  #1 Secret for Earning a Full-Time Income Trading Please enjoy, and have a blessed week The 4 Types of Active Trading Strategies Strategy #4: Swing Trading If Goldilocks had a preferred way of trading, it'd probably be swing trading.  Day trading would be too fast for taking profits and position trading would be too slow with its long-term plan. Swing trading would be just right.  That's because this strategy captures gains in an asset over a few days to several months (at the longest) after price movement. So you don't have to risk your money for long and you get to cash in on your profits sooner. As a result, the risk/reward ratio is well worth the trade because you stand to gain multiples of every dollar risked. Click here to discover more ways traders are actively making money in the markets… as well as some tips for how to choose the method that will work best for you! Crude News IEA revised down near-term demand outlook.  Due to weak historical data and the resurgence of COVID-19 in Europe and the US, the IEA revised down its near-term global demand outlook by 400,000 BPD in third-quarter 2020, 1.2 million BPD in fourth-quarter 2020, and 700,000 BPD in first-quarter 2021. Oil prices initially surged at the news that an effective vaccine against COVID-19 might soon be available.  The Brent front month futures price bounced back to over $45/bbl, a level not seen since the beginning of September.  However, vaccines are unlikely to significantly boost demand until well into next year, according to IEA. It is far too early to know how and when vaccines will allow normal life to resume.  For now, forecasters do not anticipate a significant impact in the first half of 2021. The recent announcements of lockdowns and other containment measures in many countries have led to significantly lower estimates for global oil demand. According to IEA, in the short term, the poor outlook for demand and rising production in some countries suggest that the current fundamentals are too weak to offer firm support to prices.  Physical crude prices remain below futures and this is a signal that markets are well supplied. Want to learn how you can get access to my members-only daily, weekly and monthly energy sector analyses, trade ideas and managed trade alerts? Click right here to view a free training video! Just set your money and wait for the ticker symbol to explode… Looking for big, fast, easy and safe gains in the stock market? On this page, we reveal the #1 secret for making FULL-TIME income trading less than part-time. It's called V-Swarm... And thanks to this proven market force... Hawkeye Traders can see EXACTLY where the "Big Money" on Wall Street is moving to next... Narrow it down to the best ETFs and individual stocks to play for the biggest, fastest, easiest, and safest gains. Just set your money in... Wait for the ticker symbol to explode higher... And cash out with a virtually guaranteed payday. Want to know how to do it? All you need to do is go here and watch this short presentation. Monthly Analysis Upside, closing above the mid $40.00 price area indicates the $48.00 price area within several weeks, where the broader market can top out well into next year, and a significant upside turning point through Q1 of 2021. Downside, a daily settlement below the $34.00 price area indicates the mid $25.00 price area within several weeks, where the market can double-bottom through winter, and possibly well into next year. Yearly Cycle Analysis The 10 year cycle makes a major high on November 11th and then makes a double bottom on November 17th and 23rd before rallying strongly. The 20 year cycle makes a low on November 3rd, rallies into November 18th price then heads sideways before selling off. The 30 year cycle makes a double top on November 1st and 8th then sells off into November 20th before rallying into November 28th. Anthony Speciale Jr Editor & Chief Investment Strategist, Big Energy Profits Hawkeye Traders team1@hawkeyetraders.com hawkeyetraders.com Call us: (888) 233-8598 DISCLAIMER: * Futures, stocks, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures, stocks, and forex markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, stocks or forex. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. Past performance of indicators or methodology are not necessarily indicative of future results. 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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