Short OIL 69.50 looking for significant downside

8 de ago. de 2018

As per the last Tweet on Oil a day or two ago, imo OIL is set up nicely for a potentially large bearish move. Short 69.50 with stop at 70.50 looking for minimum move to $63 and maybe a lot lower in coming weeks.
twitter.com/Flash430/status/1026408980917243904

10 de ago. de 2018

Trade ativo

Oil now testing important support zone around $ 66 give or take 50c.
Decisively below here then we should get accelerated selling.

12 de ago. de 2018

Nota

The ability of WTI to bounce from the lows on Friday suggests a possibility of a b wave (of wave ii) low with a subsequent rebound to above $70 to sqeeze weak shorts again before a bigger sell off resumes. Still short but prepared for some potential pain/squeeze very short term.