It seems like it’s almost time to short oil.


https://finviz.com/futures_charts.ashx?t=QA&p=m1

Look at the charts. Nothing goes up forever.

Are we gonna break all time records? perhaps. Oil futures did pop to near all time highs tonight.

But eventually consumers will boycott gas and take the bus. These high ass gas prices are unsustainable.

History shows that oil comes down. Don't chase oil and think it will keep going up. You may get the rug pulled on you.

So with that said, what do you think is the best strategy to play the downside?


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