Sign in to follow this  
Followers 0
Rodent

Hedge Funds More Bullish Than you Think

Recommended Posts

Who thinks oil prices are going up? Hedge funds!

They are now holding record long positions in the six major oil-linked futures and option contracts, and the ratio of longs to shorts is even higher than when it was when hedge fund managers held a record net long position in oil back in January. 

Is it a good day to be an oil bull?

Share this post


Link to post
Share on other sites

5ae256bac0416_longpositionspetroleum.jpg.ec95a62a8f627b07283ef029d5248bbb.jpg

The good times could soon be over - check the last big peak in long positions... 6 days later prices saw a major correction

  • Like 1

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  
Followers 0