Kirn

Oil near term short to 44.00, long term long to 60.00.

TVC:USOIL   WTI Crude Öl
I read a bunch of articles stating that oil             was going to hit $44.00 a few weeks ago, before the Irma/refiner rally this week. I wonder if following news articles in order would be an effective way to trade. For example, when $49.00 was broken upwards this week, I saw all over twitter that $60.00 was finally in range. However, that didn't really make sense because mid September is the start of bearish winter seasonality in oil             .

So, looking at that, short to $44.00 then long to $60.00 is the idea. It will be interesting to see if this works!

Oh, I drew out a revers H+S             on this one that kind of seemed to corroborate with this idea, but everybody loves to see H+S             , even though they don't work more than once a year in WTI.
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