GMOTruths

Crude — Oil Still in Downtrend

Short
NYMEX:CL1!   Light Crude Oil Futures
3
Big bounce.

Oil price increased due to new storage space — Railcars.
finance.yahoo.com/ne...ntory-142222471.html

It is now at a good supply level. ALso consider shorting CHK and KMI.

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.