Oil is looking bearish - short MPC idea
Noticing a slight head and shoulders pattern forming with negative divergence no Marathon Petroleum. Also, some volume today in the April 16 $50 strike puts. Potential downside to $46.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.