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Here's Why I'm Predicting $65 Crude Oil

By CommoditiesJun 23, 2013 04:18AM GMT 1 Comment
 
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Energy charts are a disaster waiting to happen
I have a crazy busy week ahead and am not sure I will have time for blogging. I am or may not be able to post more charts — I have many I could show, Crude Oil, Brent, Gas, Heat. But I will show the United States Gasoline ETF (UGA) charts for you stock folks. I have no time to elaborate, but do NOT be long energy — unless, of course, some silver bull gives you trading power of attorney.
UGA - 1
UGA - 1

UGA - 2
UGA - 2


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Comments
Pavel Oatland
Pavel Oatland Jun 25, 2013 07:19PM GMT
$96 seems to be the resistance, lot of sideways movement; what is your time range for such a move? (within 2013?)
 
 
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