USOIL: Top is in?

מעודכן
I'm fairly certain we're seeing an intermediate term top in oil here. I'm short, via a 3% long position in SCO. (I'm also long USDCAD, USDMXN, USDNOK)
I'm open to going long again, but I think we'll see profit taking a rapid decline next.

Risk a new high, 0.5% exposure and off you go.

Cheers,

Ivan Labrie.
העסקה בוטלה באופן ידני
תמונת-בזק

Today's action is a failure for bears. I'd reccomend standing aside for now and let the market show its hand next.
הערה
Looks to be topping but not too safe to short. I'll still reccomend not trading oil for now.
הערה
Top WAS in. We had shorted last Thursday but I didn't get to update on time.
עסקה פעילה
הערה
Keep a stop at entry price and close half the position.
הערה
תמונת-בזק
הערה
Top was in...
keyhiddenlevelsrgmovSCOtimeatmodeCrude Oil WTI

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