A brief rally on the back of the Middle East interrupts oils range trading.
Trade is a critical issue.
Another OPEC cut could be on the horizon.
Range trading from the long side has been the optimal approach.
Trading with UCO on dips has been a winning strategy.
In 2018, the price range in the NYMEX crude oil futures market was $34.54. During the final three months of last year, the price traded on both sides of the range. The high came in