The Contrarian View.
Oil is overbought, in the short-term.
Markets are a strange place. Most of the time when you think the ‘obvious’ should happen it doesn’t.
You know, kind like used cars prices at all-time highs and Carvana selling them.
I’m not a macro oil trader but I like spotting inflections.
However, I know enough from years of doing this to piece things together to get an edge that has served well.