eagle.one

Coal is on the rise after 5 years of decreasing, future gloomy

ICEEUR:LU1!   ICE Rotterdam Coal
Looking for for the past and expecting that recovery would be just 50% of the similar one that started in 2009, and will last 50% shorter, last rise lasted about 791d and this may last 50% shorter i.e. 366d.

Granting that this would be true, Q1 2017 would be the best period to open short positions of coal companies.

Of course this just my view, not a trading advice.
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