jmil

Short Crude 1 HR

Short
NYMEX:CL1!   Light Crude Oil Futures
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Every one waiting for Crude to hit 63 to short it again, I fully expected it to rise on through,,trapping the shorts there and then drop again to a lower low ICL . That still may play out. This is strictly a short term trade based on rising wedge pattern with break to downside. Target is $60.46, $1.92 down but Id look to book a profit a little early. Selling should accelerate om break of $62
Trade closed: target reached

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