Oil - Watch For The Short
Updated
Idea for Light Crude Oil:
- Oil making a distribution and a high % topping pattern.
- The Reflation Overshoot Trade is over. Stagflation and Deflation trades should be considered.
- Oil is in a 13 year downtrend:
TRIGGER:
- Uptrend broken and confirmed to be a UTAD, then short the re-test (SOW)
GLHF
- DPT
- Oil making a distribution and a high % topping pattern.
- The Reflation Overshoot Trade is over. Stagflation and Deflation trades should be considered.
- Oil is in a 13 year downtrend:
TRIGGER:
- Uptrend broken and confirmed to be a UTAD, then short the re-test (SOW)
GLHF
- DPT
Trade active
Watch for this short: Trade active
Seems to be nearing the end: 
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