Oil Trading Alert – Crude Oil Falls Below $40

Oil Trading

Oil Trading Alert – Crude Oil falls below $40. Don Kaufman analyzes the key oil sector. There are other oil trading products you can trade. XLE has a head and shoulders pattern. Will the S&P crack with oil trading lower or can the S&P climb higher in spite of oil? Oil traders may be expecting the Fed to raise raise rates for the first time in over 7 years. The dollar continues to head higher while sending oil lower. Watch the video for more:

 

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