PORTFOLIO ALERT – CRUDE OIL SHORT POSITION OPENED

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Chart says it all, both primary & secondary trend line support broke and switched to resistance.

A major pull back is inbound and 30$ a barrel is our target line for all short positions.
Position is a SHORT.
CFD future contract 1 lot = 1000 units.
Position size 10 lots = 10,000 barrels.
Position value 3,9970,000$.
lvg 1-to-100.
Margin requirements 1% from position value = 39,970$
Free margin to stop out 1% from position value = 39,970$
Take profit = 30$
Spread 9.97$.
EST profit 9,970,000$
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