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The_Rational_Investor

Oil - Time to Short

Short
Light Crude Oil Futures (NYMEX:CL1!)  
The_Rational_Investor  
NYMEX:CL1!   Light Crude Oil Futures
Trend Analysis Harmonic Patterns Fundamental Analysis
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Oil: Next Stop 86?

Oil is following the price action trend beautifully as my shorts are giving me a good play on Oil.

Oil will fall till 85 while the wildfires rage. Demand and supply wont be the only factors driving oil. Political considerations, Socio-Political issues, and Geopolitics is going to drive the price of oil towards the mid 80s.

I am currently SHORT on oil.

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