Expecting oil to fall in the next few weeks. If u are doing long term trade, I suggest you to get in with small position with SL around $62
We are still on a retracing trip, and its a long journey. The bearish potential is still there plus the president said oil was still expensive :D
So, for those who doesn't want to drive Prius like me, it's a good time to short oil.
Cheers~~