Whether it is the spill in the Gulf, which continues unabated, or talk on Capitol Hill, the subject is crude oil. Today we received a signal by way of our weekly "Trade Triangle" to get long crude oil.
In this new brief video, we show you the exact levels to keep your eye on and also where a logical stop would go for this position. We have had a lot of questions on Fibonacci retracements lately and this video goes into detail about that phenomenon and how you can best use it.
As always our videos are free to watch and there are no registration requirements. We are always interested in your views so please leave us a comment and let us know what you think about the direction of crude oil.
Watch "The Talk Of The Day Is Crude Oil"
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