By FXEmpire.com
The Light Sweet Crude markets fell again during the session on Tuesday as the bearish pressure is simply far too strong to get a significant rally at the moment. The market is certainly one that is going to suffer from the lack of risk appetite. The selling of this market is the only way we can trade it, and we will do so on rallies.
The buying of this market is essentially going against the US dollar at the moment, and we won’t do as such. The general attitude of the markets has us avoiding risk at the moment, and this certainly will include this one. The safety trade is going to be the most reliable one at the moment, and as such we can’t buy commodities in general. On weak candles, we are selling.
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Originally posted here
