Oil Trading At A 3 Year High, Now Where?
The Technical Trader Chris Vermeulen is with us today to share his thoughts on the oil sector. With crude over $62/barrel this is a level we have not seen since late 2014. The recovery has been slow for oil but it has built a nice base which typically results in a more powerful rally. Chris is careful to point out that he is not expecting a straight up move from here. We also look at the recovery underway in the dollar.