Oil has moved higher today while our fund flow analysis still leans toward the short side. Moreover dollar is stronger. Consider continuing to scale in short positions on spikes up, but keep tight stops. The other impetus for rise in oil today is pessimism surrounding nuclear talks with Iran. It
As a very short term trade, consider short sell on oil futures. Consider start scaling in CLZ9 right here at $70.92. Those not comfortable with futures may consider short sell on $UCO right here at $11.32. Keep tight stops. Impetus for the start of today’s rally was bigger than expected
We will continue to take partial profits and tighten the stops if oil continues to fall. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included
www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included in the performance results. Number of winning positions: 162 Number of losing positions: 10 Average annualized
Based on EIA raising world demand, taking more profits right here around $62.70 and tightening stops on the rest on our short oil position www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every
We are short on oil from $71.70. Taking some profits here at $64.16 and tightening stops on the rest www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without
Our analysis of all reliable projections of supply and demand that we can find has not supported crude oil prices of over $70.00 per barrel. However, we refrained from giving a short sell signal due to strong technicals. Yesterday, there was a vicious reversal from highs of the day. Same
Our proprietary money flow indicators have turned negative on oil. Sell all long positions.We will not yet short oil because slight geopolitical hiccup can make the oil spike again. However ,it is finally time to short coal. Coal prices compete with natural gas for electricity generation. Natural gas prices have
Recent trip to India indicates that investors are underestimating oil demand in Asia. As the reality is recognized, oil may spike higher than generally anticipated. Buy right here in eighties. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING