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geologist
Aug 29, 2016 6:14 PM

Oil to fall hard by end of week Short

Crude Oil Futures (Oct 2016)NYMEX

Description

this chart is ugly oil tp of 42.25 minimum by close this fri...top indicator, i call it my holy grail, indicates a sell off coming

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looking pretty fo further fall from here

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updated chart of original...

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updating using 4h

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warranted update

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Is the bottom really in yet as shown by red arrows...?

Trade closed manually

sold my PUT (short) option originally purchased for this idea and just bought (WTI) 1 CL DECEMBER 2016 61.5 Call (long). C'MON GULF HURRICANE BUT HURT NOBODY BUT OIL RIGS AND OIL SUPPLY INFRASTRUCTURE...LOL

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UPDATE WARRANTED...I SOLD NOW LONG VIA CALL AS SHOWN ABOVE
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geologist
wow im already up 30% and profitable on that longshot call DEC 61.5 option....
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