forker
Short

CL - Crude hiding the real journey?

NYMEX:CL1!   Light Crude Oil Futures
Price missed to fulfill the balance, which by the rules of Action/Reaction means, it will go more in the opposite way then from where it came.

In this case, CL             would travel down below the blue CL             , and as we know, chances are that price will reach the CL             (the white one in this case) over 80% of time ...umpf...long way down if it works out like this.

Selling Call Spreads or Risk Reversals are a nice way to short it, instead of taking a pure Future Risk.

P!
Comment: Very strange how the Chart changed...
...what's wrong here?

snapshot
Agreed!
Reply
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