$Oil bounced 0.7% overnight off $92 support like clockwork. Holding half my short because this could just be a quick pop before more downside. Watching it tight.
$96 is the ceiling here — that's max upside for this bounce. If it breaks above $96, it's no longer a bounce, it's a new leg up and I'm out of the short.
Respect the levels, protect the position.
$96 is the ceiling here — that's max upside for this bounce. If it breaks above $96, it's no longer a bounce, it's a new leg up and I'm out of the short.
Respect the levels, protect the position.
