Trade idea: Bearish (direct drop). An immediate drop is expected on the market.
Details: The market is downside oriented today. We advise to play this bearish strategy as long as the market does not go above 86.56, as we anticipate a direct drop to 80.16. Sell close to 85.36 to play a drop to 80.16. The invalidation level of this trade idea is at 86.56.
Sell OILUSOCT11
Entry: 85.36
Target: 80.16
Stop loss: 86.56
Details: The market is downside oriented today. We advise to play this bearish strategy as long as the market does not go above 86.56, as we anticipate a direct drop to 80.16. Sell close to 85.36 to play a drop to 80.16. The invalidation level of this trade idea is at 86.56.
Sell OILUSOCT11
Entry: 85.36
Target: 80.16
Stop loss: 86.56
