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jjrachlin

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jjrachlin

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Wednesday, 03/09/2016 2:54:44 PM

Wednesday, March 09, 2016 2:54:44 PM

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big picture stuff

http://www.ino.com/blog/2016/03/getting-ready-for-the-next-big-move/#.VuB_LZwrKTk

Crude Oil

The Trade Triangles are long crude oil and I believe we have seen a bottom for the time being in this market. I would not be surprised to see a pullback to the $34 area as this market consolidates its recent gains. I am expecting this market to trade up to the $39-$40 level in the not too distant future. For the moment, hold onto long positions with tight money management stops.

boom
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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