HK_L61

CL - The Reversal is Setting Up

NYMEX:CL1!   Light Crude Oil Futures
Small Specs aka Retailers are getting out over their Skis once again.

@ 90% Over their Skis.

The reversal will be an amazing event, it should occur prior to the
FOMC, but can grind higher for now.

We will be Sellers with tight stops overhead.

the Baltic Dry Index is collapsing, Oil historically follows.

Buy the Dip in Oil won't end well.
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