Even if there was a huge built of 7 M, CL is still moving up 1: the market is pricing the USA-China deal positively, 2: a clear bias to the upside with the supply restrictions, OPEC+ deal, sanctions
Trade closed: stop reached
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Position was closed today as stop was reached
Trade active
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Comment
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There is a divergence between the price and the MACD. Let see if the price will drop tomorrow. No short position, will normally buy on dip.