I am shorting oil here because I think we see a move down here before we move up. If you have followed my posts you know how crowded this trade is to the long side from the speculative hedge funds on wall street.
Check this out.
I do not think this will end well in the short to intermediate term for oil. Short at 54.18
03.09.17 – CLOSED at 49.56 – +8.53%