Tag: Crude oil ETFs

Technical Analysis: Get Ready For The Next Crude Rally!

| August 6, 2014 | 0 Comments
Technical Analysis:  Get Ready For The Next Crude Rally!

No doubt about it, it has been an ugly few weeks for West Texas Intermediate (WTI) crude. The commodity has plunged nearly $8 a barrel since mid-July.   The hefty 7% downturn has WTI trading at $97, which is the lowest price since February. Why such a heavy pullback? Despite ongoing geopolitical worries, investors seem more […]

Continue Reading