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Video: A Fresh Look at Crude Oil
Today we are looking at a January crude oil contract, but this can be any of the other contract months.
We’ve looked at this market before and were expecting it to go higher. It did not, however, fulfill that promise and with a red weekly “triangle” in place, it appears as though this market is heading down, but is it?
In today’s short video I discover an interesting cycle that I want to share with you. This cycle along with our MACD indicator, daily and weekly “triangles” are beginning to look extremely interesting.
I strongly recommend taking a few minutes out of your day to watch this educational and informative video on crude oil. Watch the video here. (4:21)