Short XOM
Updated
It’s risky
But if u need a hedge for your yolo longs
This could be it
Geometrically it can reverse here
Will it I don’t know
But I have to short something so I guess this is it
Will be a tiny % of my positions
I’m generally bearish oil and I know the majority wouldn’t consider shorting this sector
I’ll update if a find something better short in a bull market
NOT TARDING ADVICE
But if u need a hedge for your yolo longs
This could be it
Geometrically it can reverse here
Will it I don’t know
But I have to short something so I guess this is it
Will be a tiny % of my positions
I’m generally bearish oil and I know the majority wouldn’t consider shorting this sector
I’ll update if a find something better short in a bull market
NOT TARDING ADVICE
Note
All I’m really looking for is a return to trend There is bear div on weekly and daily but wouldn’t be confirmed until broken trend
Note
Daily bear div but uptrend intact Trade closed manually
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