{"id":1179295,"date":"2020-04-20T14:26:44","date_gmt":"2020-04-20T19:26:44","guid":{"rendered":"https:\/\/juniorminingnews.com\/?p=1179295"},"modified":"2020-04-20T14:26:45","modified_gmt":"2020-04-20T19:26:45","slug":"wti-oil-plunges-most-on-record","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1179295","title":{"rendered":"WTI Oil Plunges Most On Record"},"content":{"rendered":"<div id=\"pl-1179295\"  class=\"panel-layout\" >\n<div id=\"pg-1179295-0\"  class=\"panel-grid panel-no-style\" >\n<div id=\"pgc-1179295-0-0\"  class=\"panel-grid-cell\"  data-weight=\"1\" >\n<div id=\"panel-1179295-0-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"0\" data-style=\"{&quot;background_image_attachment&quot;:false,&quot;background_display&quot;:&quot;tile&quot;}\" >\n<div class=\"so-widget-sow-editor so-widget-sow-editor-base\">\n<div class=\"siteorigin-widget-tinymce textwidget\">\n<p>By Dudley Pierce Baker<\/p>\n<p>With todays historic plunge in WTI oil we eagerly await the opinion of our technical go to guy, Chris Vermeulen at <a href=\"https:\/\/www.thetechnicaltraders.com\/partners\/idevaffiliate.php?id=421\">TheTechnicalTraders.com<\/a>.<\/p>\n<p>Chris told us around 12:00PM, eastern time:<\/p>\n<div><em>&#8230;&#8221;Oil has been a bell-weather of the global economy for decades. \u00a0Higher oil prices suggest demand for oil is strong, and the global economy is clicking right along. \u00a0The recent move to levels below $30 somewhat concerned but also expected as the COVID-19 virus event shut down large swaths of the global economy.<\/em><\/div>\n<div><\/div>\n<div><em>I believe the global stock markets have severely mispriced the true consequences of the COVID-19 global economic shutdown and, thus, are continuing to ignore the true risks in the major markets. \u00a0I also believe the real outcome of this virus event is a more protracted bottoming event taking place over the next 12 to 24+ months \u2013 not some &#8220;deep V bottom&#8230;.&#8221;<\/p>\n<p><\/em><strong>Chris also, around 2:00PM, closed his long position in the SPY, making a nice profit for his followers.<\/strong><em><\/p>\n<p><\/em>I suggest you visit their website as we wait for Chris&#8217;s current opinion on the markets and crude oil.<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/www.thetechnicaltraders.com\/partners\/idevaffiliate.php?id=421_1_1_23&quot; target=&quot;_blank&quot;&gt;&lt;img style=&quot;border:0px&quot; src=&quot;https:\/\/www.thetechnicaltraders.com\/partners\/media\/banners\/728-90.gif&quot; width=&quot;728&quot; height=&quot;90&quot; alt=&quot;Stock &amp; ETF Trading Signals&quot;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1157728 aligncenter\" src=\"https:\/\/juniorminingnews.com\/wp-content\/uploads\/2019\/12\/ChrisBanner728-90.gif\" alt=\"\" width=\"728\" height=\"90\" \/><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Dudley Pierce Baker With todays historic plunge in WTI oil we eagerly await the opinion of our technical go to guy, Chris Vermeulen at TheTechnicalTraders.com. Chris told us around 12:00PM, eastern time: &#8230;&#8221;Oil has been a bell-weather of the global economy for decades. \u00a0Higher oil prices suggest demand for oil is strong, and the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1177188,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[375,2311,338,374,4184],"class_list":["post-1179295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-chris-vermeulen","tag-crude-oil","tag-the-stock-warrant-handbook","tag-the-technical-traders","tag-wti"],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1179295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1179295"}],"version-history":[{"count":1,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1179295\/revisions"}],"predecessor-version":[{"id":1179303,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1179295\/revisions\/1179303"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/media\/1177188"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1179295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1179295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1179295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}