I’ve struggled to feign interest in crude, since it is hostage to geopolitical forces that taken together do not add up to anything whose meaning could be distilled for predictive purposes. There is scant interest in the chat room in trading this vehicle, although sometimes a subscriber will mention having used an ETF to leverage my targets. There’s one at 56.90 that holds little practical value at the moment. Two ‘mechanical’ shorts performed well in recent months, but it is only on the weekly chart where the pain and sweat required to have made money on these swings is somewhat obscured. I’ll keep it on the list because oil is the most important commodity of them all, but you’ll need to nudge me if you have a trading idea you’d like vetted.