By Cory Oil outlook… It’s all about time frame for oil
The Gold and Oil Guy, Chris Vermeulen shares his thoughts on the recent breakdown and pop in oil. Crude reached a low on May 5th of $43.76 and quickly has bounced back up close to $50/barrel. There is money to be made playing these short term swings but when looking at the longer term charts they are not showing us much direction. We also quickly touch on the moves in gold.
Click here to visit Chris’s website for more posts on a wide range of markets.
Download audio file (2017_05_16-Chris-Vermeulen.mp3)
Source:: The Korelin Economics Report
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