WTI OIl, we are not out of the woods yet

31 May 2018

WTI US oil has to make a strong follow through to upside in order to consider taking long position. So far, its still under pressure below $69.5

31 May 2018

İşlem aktif

Shorted WTI US oil at $68.01

31 May 2018

İşlem elle kapatılmış

Crude oil inventory is down, and prices collapsed... So, I have closed all my crude oil shorts, as this might be an exhaustion move, and a climax. Shorting oil might be tricky now... better to watch the price actions for a while...