Posts Tagged by crude oil news

The Oil Outlook

I don’t know many traders who actually trade oil, yet even those that don’t are impacted by the price of oil. Looking at the weekly chart we can see that oil is in a long term range between 67 and 87 (give or take several cents).  Oil currently trades at 81.48 on the November contract.…

No leaks in this crude oil market

The massive move-up in crude oil on Monday created a new dynamic for this in-the-news market. The move to two-month highs completed one of our favorite major technical formations. In this short video, I share with you two conflicting indicators and which one I am choosing to go with. I think you’ll find this video…