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Market Bugle - by Mike Landfair

Let’s Take a Fresh Look at Crude Oil

December 5th 2009 19:52
Oil Pump


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?


In today’s short video on January Crude, Adam Hewison discovered an interesting cycle. This cycle along with our MACD indicator, daily and weekly “triangles” are beginning to look extremely interesting.

I strongly recommend taking a few minutes out of your day to watch this educational and informative video on crude oil.

All the best,
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