Saturday 5 March 2016

Crude Oil(WTIC)

In the last week we got as many as 10,976 new short contracts opened for the crude oil and 6,851 new long contracts opened for this commodity.This means bearish  investors getting more contracts than bullish investors.This is bearish and for the reasons I already mentioned for RUB/USD ratio I expect price of crude(WTIC) to drop in the next days/weeks.Check my trackrecord files and my strategy on my free websites:http://cotreportfreeswingcharts.my-free.website/ and 

No comments:

Post a Comment