Short oil
A close above $55 should cover the position.
Update 4/9 - noticed a major inverted Head and Shoulders pattern in conjunction with a diagonal trend line support. Tread carefully if youre short. Price needs to break below $50 to invalidate the bullish patterns. I closed my entire short position at $50.65.
Update 4/9 - noticed a major inverted Head and Shoulders pattern in conjunction with a diagonal trend line support. Tread carefully if youre short. Price needs to break below $50 to invalidate the bullish patterns. I closed my entire short position at $50.65.
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