I'm not trapped. I'd rather be short than long here, but maybe flat was a better option.
Crude is richly priced at this level and is severely overbought to boot.
I'm only short two lots. I may actually just close one lot and hold the other with a stop just above the recent high (at 84ish or whatever).
Crude is richly priced at this level and is severely overbought to boot.
I'm only short two lots. I may actually just close one lot and hold the other with a stop just above the recent high (at 84ish or whatever).