USOIL too bearish

After the really bearish response to what most consider good news for oil, I decided to open a new short position with tp $48.2. On the daily there is still room for downside and despite the contract rollover I think the gap will be filled over the next to days and proceed to move lower. Stop at $49.35
CLcrudemoneyprofitSELLshortCrude Oil WTIusoilforecastusoilshort

Related publications

Disclaimer