Oil will CRASH

The above chart is for CTFC NYMEX Crude Oil Light Sweet Non Commercial Long Contract/Futures Only


It is showing the activity of hedge funds 


They are net long and very very net long even since 2001
The number is even above 2008 June / July peak when oil was at $147


Margin debt is also peaking


So it is time to exit the oil trade


It may be the case that oil will crash again and this time the crash will be equal to or worse than the 2008 crash