TradingView
0
All posts from TradingView
TradingView in TradingView,

CL - Crude hiding the real journey?

CL - Crude hiding the real journey?

Price missed to fulfill the balance, which by the rules of Action/Reaction means, it will go more in the opposite way then from where it came.

In this case, CL0.00%% would travel down below the blue CL0.00%% , and as we know, chances are that price will reach the CL0.00%% (the white one in this case) over 80% of time ...umpf...long way down if it works out like this.

Selling Call Spreads or Risk Reversals are a nice way to short it, instead of taking a pure Future Risk.

P!