NYMEX:CL1!   Hadapan Minyak Mentah Ringan
Divergence between CL1! , INDEX:XOI and NYSE:PBR . Very bearish for PBR , PBR .A, PETR4 . Long ( XOI ) & Short ( PBR ) may be interesting.
Sorry for my ignorance but what is XOI. Is your call for higher oil or lower?
Balas
XOI it's the index of Oil and Gas US companies. It's a bearish call for PBR in comparison to other US oil and gas companies even if Oil goes up.
Balas
My personal forecast is neutral for CL1! in the short term.
Balas
What is the point? Short oil or go long?
Balas
Short PBR & Long XOI
Balas
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