About meHello, I am passionate about the Stock Markets and use primarily Technical Analysis as the basis for my trades. I exclusively trade Options and have strategies for Bullish, Bearish, Sideways markets and Earnings plays.
Yesterday WTI Crude Oil (/CLM4) completed an MACD divergence crossover on the DAILY chart. This signals a start of an intermediate downtrend (Less than 1 Month) for the Oil Futures.
Trade Idea: SHORT /CLM4 at current prices and add more up to $103.45. Stop Loss is at a break of new highs at $104.20. Profit Target is $98 to $96.
If you like trading Options,...