The RSI (Relative Strength Indicator) on the crude oil chart is showing a bearish divergence.
by Adam Hewison
The crude oil market came under pressure on Monday and I’m disappointed that I did not have this video out to you earlier. I created the video on Sunday along with the other three videos on the S&P 500, gold, and the euro.
Nonetheless, I think you will find this video useful as it outlines our position in this market. The video is short and to the point, nonetheless I think you’ll have a lot of good takeaway information.
As always our videos are free to watch and there are no registration requirements. I would really like to hear back from you with regards to your thoughts on this video.
Watch the video here: A Quick Peek at Crude Oil
Running time: 3:21