News of oil prices in panic as the Gulf (middle east) ups on production tariffs despite previous consensus on cap output, huge fears of oil slumping again worse than January start this year.
Based on my paper trading I'm shorting DNR for a 0.10 cents dip and USO on a 0.20 cents dip potential.
Disclaimer: Remains personal opinion and is not meant to be trading or investment advice.
Posted May 04, 16 1:55 AMbyBonvivant
Categories
Oil, Short Selling
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