Crude oil’s massive right triangle is still intact, and this morning crude is weakening, down about 1.5%.

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Crude oil’s massive right triangle is still intact, and this morning crude is weakening, down about 1.5%.

There’s so much moaning here on Slope, it’s starting to get mistaken for an OnlyFans site. I took advantage of this emotional signal and beefed up my short positions from 12 to 20. Here are 6 of my 20 positions, which happen to be the ETFs:

As lightly as I was positioned, there was one item I felt comfortable shorting yesterday, and that was FXI (the main Chian ETF). The position is already profitable, and I’ve got a stop-loss set at 37.35:
