By Keith Schaefer Editors Note: I’ve been following Tom McClellan for years. He has an uncanny ability to find intriguing economic relationships–ones you would never expect–through charting. His recent article on oil was so direct, so simple I asked him to share it with you today. I’ve been a subscriber for a couple years now, and you can find a link to Tom’s service at the bottom of this article.
Chart In Focus: by Tom McClellanHuge Imbalance in Crude Oil Positions
March 10, 2017
There is a giant wall of short positions held by the smart-money “commercial” traders in crude oil futures, and it
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