I went long on 2 light sweet crude oil futures last night at $44.30. Now $44.81. Good support in the low $44 area. This morning I will enter a position in ERX and a smaller position in GUSH in my 401k. See also chartwatchers idea on this.
Trade chiuso: stop raggiunto:
I raised the stop loss on the 2 futures to 44.54. Stopped out with a small profit. I expect ERX and GUSH will hit stop loss tomorrow.