darth.stocks

Crude: Continuing correction

Short
NYMEX:CL1!   Light Crude Oil Futures
2
COT Report showed some rather interesting changes in commercials positioning... We are in a short term correction and the major upward trend is still intact. But if we do not see a correction back into the 50 UD$ Range, this will be the final correction for inverse head and shoulder formation.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.