MarketIntelligence

Crude Short position doesn't disappoint

Short
NYMEX:CL1!   Light Crude Oil Futures
1
If your short, stay short. This market is in freefall. We are seeking the ocean floor in the Dragon Analytics system. Not a good time to enter until the Dragon's belly is pierced at approximately $45. Current target is the downward Andrews Pitchfork at 41.50 (red dotted line). Look for a bounce there, and don't forget to take some profits, but leave a runner. Crude can bounce at any a time. Pigs get slaughtered! Good trading. www.MarketIntell.net

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