TradeApe
Short

Oil - Hopping on the short train

FX:USOIL   Crude Oil (WTI)
Hopped on the short train at around the daily open today, SL right above it.

Both my short and longer term DMI             are now bearish and we broke through 44             today. Not only that, at the end of the day price merely retested 44             and didn't really shoot much above it.

Having said that, I wouldn't be totally surprised to see another stab towards 46.00. Above that level I'd have to revise my current short bias. Possible profit targets are highlighted in green.
Welcome back!
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TradeApe PRO Yahia.Awes
Thanks :)

Even if I might have hopped on the short train a tad too early it seems.
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Yahia.Awes TradeApe
I'm more bullish bias than bearish.
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Yahia.Awes Yahia.Awes
The bears still couldn't make a new low so far.
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