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, the double bottom bounce..

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 technically interesting as well as educational.

 

Watch the crude oil forecast video below, and please leave your comments or questions.

 

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