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Time Details
2025-02-06
18:35
The Kobeissi Letter Reports Profitable Short Positions on Oil

According to The Kobeissi Letter, their premium members capitalized on the decline in oil prices by taking short positions starting January 10th. They initially took profits and then re-entered shorts at $72.50, which are currently yielding a 3.5% gain. This indicates a high tradability in commodities, particularly in oil trading strategies.

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