Crude Oil: Lower Levels Ahead?

The crude oil market continues to soften and is now close to some important levels that I think we should look at. In my new video we look at what is happening in this market right now and what we expect to happen in the future.

As we have indicated in our earlier posts, we are now in the official “silly season” for trading. What I mean by that is the markets will be very thin, choppy and can be moved by a relatively small amount of money.

As always our videos are free to watch and there is no need to register.

Enjoy the video and let us know what you think on our blog.

All the best,

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

Let’s Take a Fresh Look at Crude Oil

Today we are looking at a January crude oil contract, but this can be any of the other contract months.

We've looked at this market before and were expecting it to go higher. It did not, however, fulfill that promise and with a red weekly “triangle” in place, it appears as though this market is heading down, but is it?

Continue reading "Let’s Take a Fresh Look at Crude Oil"

ETF USO, or United States Oil (new video)

Today I'm going to take another quick look back at a popular ETF USO, or United States Oil. You'll quickly see how the MarketClub "Trade Triangle" strategy is working in this market.

In this short video, I give you a specific triangle to look for in the future and how this market can play out in the next two months.

You can watch this video with my compliments and there is no registration requirements. We would love to get your feedback about this video on our blog.

All the best,

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

How low can crude oil go? (New Video)

How low can crude oil go?

After trading as high as $73 a barrel, crude oil began to buckle under pressure as the CFTC began to look into position limits that can be held by traders.

In my new video you will see what has happened to crude oil in the last eight days. You'll will also see what I believe will be the area that crude oil will find support.

You can watch this video with my compliments and there is no registration requirements. I would love to get your feedback about this video on our blog.

All the best,

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

Is crude oil headed for $100 a barrel? New Video

Today we're going to be looking at the crude oil (NYMEX_CL) market. This market has rapidly become the world currency of choice for many countries. What do I mean by that? With the dollar going down in value, it automatically pushes the value of crude oil higher.

I analyze the July electronic contract for crude oil (NYMEX_CLN09.E) using some very simple tools that you can pull into your own trading. I've used our Fibonacci measurement tool as well as a classic chart pattern that has been around for over half a century.

Continue reading "Is crude oil headed for $100 a barrel? New Video"