USO! when oil starts the bear move it's one of the easiest trade

I've been doing well buying puts once the corrections are developing. Usually about 3-4 weeks out to allow the correction to develop and so I dont get slammed by theta decay. Now eventually if we're in an impulse to go down, we will need to see a bigger correction to develop. Will we get a few more pushes down before that happens, or will it start right now? Either way I'm looking to purchase another put sometime within the next week (as long as we dont breakout past the downtrend line, this will signal a deeper correction/ reversal depending on how price behaves after that)

Longterm view in the comments. (not confirmed yet, just looking that way)US

thanks for looking, and trade responsibly!

Yorum: