Is Crude Oil Becoming a Slippery Investment?
Okay, I apologize for the title but generally speaking most people would think that with winter coming on and temperatures dropping the crude oil marketplace would be going crazy.
Apparently this not as cut and dried as one might think.
We’ve looked at this market before and were expecting it to go higher. It did not, however, fulfill that promise and with a MarketClub red weekly “triangle” in place, it appears as though this market is heading down, but is it?
In today’s short video Adam Hewison, founder and co-owner of MarketClub discovers an interesting cycle that he will 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.
After you watch the video come back here and leave a comment.
Happy trading,
John
