Exclusive KE Report Commentary – Tue 16 May, 2017

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.

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Featuring:
Chris VermeulenCory Fleck
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Comments:
  1. On May 16, 2017 at 1:21 pm,
    CFS says:
  2. On May 16, 2017 at 1:39 pm,
    Bob UK says:

    I have no idea what a rising USD wll have on commodities such as copper, platnium, paladium, oil, etc, this time around?

    In 2015 there was the reduced demand in China AND a rising USD that crashed all of the above.