Thx for sharing. I noticed that a couple of weeks back reviewing the auto stocks but would want to be more confident of a lasting rally in the stock market and/or a decent buy signal before taking F but a case for a long can be made here (with a stop somewhat below) as F is also at pretty decent support. G-luck if you take or took it.

Yes, taking some pain so far (a la Biden with his departing kick-in-the-nuts inflation gift to Trump with those new Russia oil sanctions which caused the recent spike right after I shorted it) but sticking with my /CL short for now as crude is at significant resistance with negative divergence on the 15-minute chart. Here’s my USO daily which has it at the top of that ORANGE ZONE I was highlighted earlier last year (along with my ZONES for IEF) due to the impact it would have on the stock market.

A short crude can also be viewed as an indirect hedge to a swing/trend short on the stock market as rising crude is inflationary & should put pressure on stocks while falling crude should be net bullish for stocks.