Oil Price Cycle Video

[dan_s]

Watch the short video (~7 minutes) at the bottom of this article: https://www.investing.com/analysis/glob ... -200305054

It should help you understand why WTI should soon take out a key resistance level that is sitting right below $67. If that happens, $67 becomes a key support level, then $75 is the next area of key resistance.

The speculative traders that control daily oil prices watch this stuff VERY CAREFULLY.

As he says in the video, if missiles start pounding Syria, all bets are off and WTI could spike to $100/bbl.