simonsays452

Crude < 38 is an attractive level to short. Still looking for 33

Short
FX:USOIL   CFDs on Crude Oil (WTI)
0
Crude is showing some strength today on what feels like shorts' fatigue. If we end up closing below 38, I'll be adding to my puts, targeting 33. With light volume and no real demand data releases scheduled in the upcoming week, I still see room on both the technical and fundamental front for a move lower.

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.