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Crude: The Break So Long Anticipated Is Here

Published 05/04/2017, 08:53 AM
Updated 07/09/2023, 06:31 AM
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YES! It’s finally happened! After all this waiting, crude oil has finally shattered the support level I’ve been watching for so many months. Ever since Gartman did his widely-followed broadcast on April 11th instructing people how to take advantage of the bull market in energy, the commodity has fallen EVERY SINGLE DAY with only a single exception. This is very exciting.

Crude Chart

Since I have so many energy shorts, and I am also long Direxion Daily Energy Bear 3X Shares (NYSE:ERY) (as I originally suggested way back on February 7th), it’s pretty cool. Oil, happily, also doesn’t get rocked by that moron Yellen or whatever the yo-yos in Congress decide to do today about health care. Let’s rock!

Latest comments

I hope you already sold your Direxion Daily Energy Bear 3X Shares (NYSE:ERY) which is heading to $1 and then reverse split again and again.
I'm on it!
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