IS IT WISE TO WATCH THE CHARTS RIGHT NOW WHEN IT COMES TO OIL? $SCO $USO $OIL $UCO $DWTI $UWTI $CL_F $CLU6 #CRUDE OIL #OIL
Will oil go to $26 or $60? This is the question of the moment. There are more than a few opinions by gurus on both the bullish and bearish sides. The dilemma that investors and traders face is that most of the gurus have been continuously wrong on oil. Do not blame the gurus. Oil is the most volatile and most difficult commodity to forecast. Of course, you could ask, “Why should we listen to you?” Well, we have a way of looking at oil that may, hopefully, offer a different perspective. Our algorithms at The Arora Report for oil