Crude Oil - Short
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Adding to a prior short now scaling-in to maximize position size. Oil is about the lone remaining holdout of all the commodities primarily due to current supply/production issues. I expect this will not last forever. The macro theme is deflation at the moment, and on top of that the pattern is setting up for a nice drop. Could we still move higher, of course, but in a period of deflation, I do not expect oil to hold these levels. Something will change, it always does.
Nota
SL going in on part of position 93.05Nota
Back in to the small portion from the prior SL and rolled entire position.
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