Crude oil has entered a downward channel.
$Crude Oil Futures(JAN5) (CLmain.US)$ Under the abundant promotional reserves, the US government is prepared to increase oil reserves by 72 US dollars. In other words, in the short term, oil may fall to 72 US dollars. This is because the production of shale oil in the United States has reached a historical high, which has prompted a recent decline in US imports. $ProShares UltraShort Bloomberg Crude Oil ETF (SCO.US)$ Call and $ProShares Ultra Bloomberg Crude Oil ETF (UCO.US)$ Although I bought it a day early, this put option is profitable.
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