WingedFury
Short

Crude Oil is Tanking

FX:USOIL   Crude Oil (WTI)
171 0 2
Oil             has been tanking the past year; investor sentiment and increasing supply continues to drive the price down. Currently, the price has fallen below my 33 support, and will most likely drop to the second key level of support at approximately 25 dollars per share. The orange box indicates the profit-take/cover point. Next up, assuming the price drops below 25, is around 16.6. The blue box will be the final closing position for the short.