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United States Oil Message Board

  • atlantisdawg2001 atlantisdawg2001 May 5, 2011 4:06 PM Flag

    Matrix Analytix Called Oil Crash April 28th

    April 28, 2011

    1:12PM EST
    Sell programs lurking in commodities all day with Oil Gold and Silver seeing waves of sell pressure all at the same time (indicative of big fund liquidating a big long commodity position)...commodity trade feels like its about to see some significant unwinding near-term, expect that it will be triggered by a dollar rally....just added to DTO long position here in $38.70s (perfect double bottom), as noted yesterday (see 10:53AM entry) putting a heavy short on Oil here (long DTO, long May 44 USO puts, long UAL), believe WTI Crude about to breakdown big here on demand concerns with a print below $100/barrel sometime over the next few weeks

    http://www.matrixanalytix.com/live-market-analytix.html

 
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