The current shorter term time intervals in the crude market is showing a possible inverted head and shoulders formation that if fulfilled, projects that the market could continue the recent month long rally upward to as high as $104.
Headlines recently have been dominated by political scandal. Here's how these revelations play out in the markets.
Over the past week crude oil prices have been rocked by conflicting macroeconomic data and a suspected price-fixing scandal, leaving many investors questioning the validity of current price levels. Tap into that volatility with a put spread.
Overall, the bull market frenzy is picking up and we still believe the E-mini S&P 500 will finish this year at 1690 or higher.