We got sell signals based on cot data from #cotreport in crude oil and gasoline. The heating oil is strong correlated with RB and CL. When the sell cot signal stats to work out, we will see also a down trend in HO. The HO is the weakest one in the energies sector, therefore I expect a down trend in HO. I am waiting for my entry pattern to open a short position in this market.
Max Schulz
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Max Schulz
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.