$CL shorts are off the table for now, but the tape isn’t done talking
The crude short has been closed, and the market feels like it just charged a toll on the trade. Funding costs swallowed 20% of the profit, a reminder that even the right direction can get clipped when carry gets crowded. If $CL starts accepting 100 again, that’s the kind of liquidity magnet that can invite sellers back in and show whether this is a real expansion or just a squeeze dressed up as strength.
Not financial advice. Manage your risk and protect your capital.
#CrudeOil #WTI #OilMarkets #Trading #Commodities
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