Crude Oil Outlook – Trade ideas for crude oil
The trend for crude oil is now very clearly established. Sell the minute it crosses 80 barrels per dollar for crude and buy once it gets closer to 70 dollars per barrel. I think the trade is worth about 5 dollars each way if you get in at the right time. I won’t do options again given the expensive execution but you could still do an ETF like USO or OIL.
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