Celebrated chartists such as I are able to look at the chart below and draw conclusions from it without assistance from any human or AI system. The chart is crude oil and the trend………is UP.
Thank you. I’ll be here all week.
Having said that, I’d like to direct your attention to the oil and gas producers ETF, symbol XOP. It is approaching an important price gap. The bolder among you might consider shorting XOP with a stop just above this gap. As for myself, I’m traveling tomorrow (yes, Bear Force One’s engines are revving up) so am keeping things light.
