The down trend in heating oil starts

NYMEX:HO1!   NY Harbor ULSD Futures
We got sell signals based on cot data from #cotreport in crude oil and gasoline. The heating oil is strong correlated with RB and CL. When the sell cot signal stats to work out, we will see also a down trend in HO. The HO is the weakest one in the energies sector, therefore I expect a down trend in HO. I am waiting for my entry pattern to open a short position in this market.

Max Schulz

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