WTI Crude Oil - SHORT

Yesterday WTI Crude Oil             (/CLM4) completed an MACD divergence crossover on the DAILY chart . This signals a start of an intermediate downtrend (Less than 1 Month) for the Oil             Futures .
Trade Idea: SHORT /CLM4 at current prices and add more up to $103.45. Stop Loss is at a break of new highs at $104.20. Profit Target is $98 to $96.
If you like trading Options, consider buying 100 Puts and Selling 105 Calls to offset the Put purchase (of course some margin will be used up).
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