CRUDE - SHORT

DO NOT LISTEN TO ME on this one unless you have a high-risk tolerance.

Personally, I do and I believe the peak in prices for a little while has already happened.

In any case, my SL here would be like $10 to make $30 at these prices. You can wait for a better setup but I am scaling in and sold some at 80.25 and will sell a little more here.

This is a trade based on scaling in and fundamentals, with significant risk tolerance. There is not set up yet, I believe one will come but it is not here yet. This is a speculative trade based on fundamental beliefs that I am scaling into and out of using futures over a 2-4 month period.

Kommentera:

Adding to position here, probably use a SL above recent highs.