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Opportunity in Oil?
5/12/2014 5:47:57 AM
Good morning traders,
Since we remain in Sell Mode, looking for the markets to sell off but cognizant of the potential for a short term rally, we will focus in on some oil indicators this morning.
Note, all our indicators are aligned with the underlying vehicles direction, to the extent it is an accurate indicator.
Based on the above, we would recommend CALL Options on oil, which we will release this am in our OIL Option Trader service. Visit www.stockbarometer.com for more information or to subscribe to our research and gain access to the above charts.