investment
Short

Shorting until Oil Inventory Data.

TVC:USOIL   WTI Crude Oil
I'm looking to go short this morning, considering there may be more profit taking, and a risk off attitude before today's oil             inventory data. Using the downward trend line as my stop, if we hold below, will look to target $50.

If we break above the downward resistance trend line (shown on chart), I'll reconsider for a long trade opportunity
Couldn't find a good enough reason to re-enter the market long, so will wait until after oil inventory data, and look for new opportunities then
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We've broken the resistance, so will look for new long opportunities, using the same trend line as support
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