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

Source: http://club.ino.com:80/trading/2009/06/new-video-and-analysis-of-crude-oil-is-it-headed-to-100-a-barrel/
Posted on Friday, June 12th, 2009 | In Investing Lessons, Market Commentary, Trading Lessons
Contributed by: Trading School (http://ino.com) -

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 (CL.N09.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.

So take a few minutes and see what the crude oil buzz is all about and if it’s really is going to go to a $100 a barrel.

See my personal guarantee here

The video is free to watch and there is no need to register. I would love to get your feedback about this video on our blog.

All the best,

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

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