The down trend in heating oil starts
We got sell signals based on cot data from #cotreport in crude oil and gasoline. The heating oil is strong correlated with RB and CL. When the sell cot signal stats to work out, we will see also a down trend in HO. The HO is the weakest one in the energies sector, therefore I expect a down trend in HO. I am waiting for my entry pattern to open a short position in this market.
Max Schulz