I’m not shorting oil directly but I have been playing the airlines for trades such as - AMR which has worked well - and now I am looking at a TA trade with TSO

I bought some today at 23.45 and will use the 52 week low as the stop out at 21.70

If oil does crack here back to $120 should be a good fast profit with a simple exit plan.

The CEO coming out tonight and talking about improving margins makes me even more confident that the trade should work out profitably. I would look to book profits as it touches the 50 day as shown in the graphic.