My Russian bet is beginning to pay off.
If oil gradually tracks higher it should do well, I had my first buy signal on the weekly chart of WTIC last week.
Watching for a bottoming process in the high 40 area for WTIC, but I was fortunate that I was buying near the lows.
Now almost fully committed to long oil, but will manage risk closely and exit at break even in case I have been led down the garden path.
I have been gaining some exposure to platinum as it is 50 dollars cheaper than gold, any increase in the gold/platinum spread will see me increase exposure.
