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CFDs on Crude Oil (WTI)
Short

We are selling short oil (thru USO) to hedge oil-correlated pos

53
Notes on chart. Fundamentals on oil are terrible and high 61s was a big resistance line. The uptrend was lost last friday (in our view).
Targets based on pivot points.

DXY strength crucial to bring this down..

Daniel_Urdaneta
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Daniel_Urdaneta
Also on:

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.