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How To Buy Gold For $3 An Ounce

Crude Oil Forecast For Winter 2009

Commodities / Crude Oil Oct 14, 2009 - 08:21 AM GMT

By: INO

Commodities

Best Financial Markets Analysis ArticleI've had a number of requests from MarketClub members to produce another video on crude oil. Part of that may have come from the crude oil alert that we put on our blog on October 12.

What is interesting about crude oil is the fact that seasonally, it should be going down. However, the market appears to be doing just the opposite. We have written about this before and when something is supposed to happen and the opposite occurs, it's time to pay attention.


What was also interesting in crude oil is the fact that all of our "Trade Triangles" are all green giving a perfect 100% Chart Analysis score. This indicates that there are some strong trends in place and the odds are that the market should go higher. However, this is not a guarantee and all trades should be managed with stops.

In my new short video, I show some levels that crude oil could potentially go to. I also indicate a key level that many professional traders are watching and if this level is broken, it will certainly be a game changer.

This video is free to view and there are no registration requirements. The one request we have is that you comment on our blog about your thoughts on crude oil.

All the best,

Adam Hewison
President, INO.com
Co-creator, MarketClub

By INO.com

INO and Quote Providers furnish quotes and market analysis without responsibility for accuracy and is accepted by the site visitor on the condition that transmission or omissions shall not be made the basis for any claim, demand or cause for action. The information and data was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any futures or options..

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