Entering text into the input field will update the search result below

3 Smart Indicators To Trade Crude Oil With Synergism

Jan. 12, 2011 5:39 PM ETUSO
Jeff Pierce profile picture
Jeff Pierce's Blog
27.16K Followers
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Now that we have "Silly Season" behind us, it's time to get serious about trading

In today's video we are looking at crude oil. This market has been a disappointment to a lot of traders as has remained in a broad trading range for the past 18 months.

The current trading range will eventually be broken and the market will move in the direction of the breakout. While our long-term indicator continues to be positive, the short-term continues to be challenging and weak.

One of the indicators we discussed in an earlier video is in an oversold condition, indicating a potential rally from current levels could be at hand. That being said we would wait for some other combination of indicators to confirm that a move is underway.


For the past 18 months the best way to trade crude oil has been with the use of an oscillator indicator. The one we're looking at in today's video clearly shows you where the lows and highs are coming in and indicates a potential market bounce from current levels.

We expect that after such a long period of sideways action, almost 18 months, that the crude oil market will come alive and present some great trading opportunities in Q1 and Q2.

Click here for Video

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You