Crude Oil Price Forecast, What Does The Chart Say?

Adam Hewison made a new video on Crude Oil, discussing cycles today, that fits nicely into the strategy I talked about in my article, “Crude Oil Price Forecast, and the US Dollar Rally.” It shows how the Marketclub Trade Triangles can be used to trade crude oil profitably.

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S&P forecast November 24th, 2008 – Sell The Relief Rally

With last friday’s huge turnaround combined with todays strong 6.5% move, an excellent opportunity to open some new short trades is forming. The patterns for September and November are looking quite similar: 3 weeks of strong downard movement followed by a relief rally. In October that rally lasted for about 3 weeks before losing 100% of [...]

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