CFTC COT Data: Since the Rossi #LENR #E-Cat patent Big Bank & Oil Started Selling Oil Below $50

Here is an update on the big banks and oilcompanies short position in oil futures. When the price started to move down from the low $60’s end of june, BigOil&Bank initially bought the weakness allthough halting when the price hit ~$50. Even when the price continued to fall all the way below $40 they held on to their short position. Neither did they change their position when the price climbed back to low $50’s again. Instead they started selling again actively from August 25th onward, and now at levels below $50. For whatever reason they obviously believe price is going lower still…

Coincídently this more or less correlates with the day when the Rossi patent was granted.

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It is also good to know that finally other analysts seems to catch this trend. Here is a link to Forbes.

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