Chris Temple from The National Investor – Tue 14 Nov, 2017

Broad Selling Today – Key Spot For Oil

Chris Temple is with me this morning to address the broad based selling we are seeing in the markets. Maybe we are getting back to the environment we saw in 2016 where market muddled along for most of the year. We also look at crude and question if the past resistance level will now be support.

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Chris TempleCory Fleck
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  1. On November 14, 2017 at 11:25 am,
    Jason says:

    Hey Chris! I heard you say watch out last week for oil possibly taking a dive soon if key supports were not upheld. Thanks Bro! I made sure to keep an eye on my crude position. I bagged 14% net on a West Texas trade yesterday just before the nose dive. I play UWTIF. 3x, OTC, no decay fees.

  2. On November 14, 2017 at 11:58 am,
    Paul L says:

    A dive was coming. You could see the steep rise in the daily chart with no correction from 49 to 58. There was sharp sudden drop yesterday by major traders to protect their short positions and then it bounced back a bit. I am starting to buy just in case it holds at 55 but that is unlikely. It has a better chance at holding 54 and close to 100% chance near 52.50.