Yep – staged out of 50% of my DWTI this week in the $85-90 range will hold the balance for a bit. Would like to see one more “spike” sub-50 to finish this swing down – do not see any reason to go long YET (other than that pesky “gap”above). I think the UWTI next swing will be a doozy to trade, but may be the hardest to exit – I’ll let you know when/if I am accumulating.
Yep – staged out of 50% of my DWTI this week in the $85-90 range will hold the balance for a bit. Would like to see one more “spike” sub-50 to finish this swing down – do not see any reason to go long YET (other than that pesky “gap”above). I think the UWTI next swing will be a doozy to trade, but may be the hardest to exit – I’ll let you know when/if I am accumulating.
Cheers
Thanks!