FYI | Jan 31 2012
FNArena has added another video to its Investors Education section on the website. For this latest video presentation, ATW's Jerry Simmons has dedicated extra time on market movements and technical insights for crude oil futures. Bottom line: Simmons seems of the view that we are about to experience a big move upwards in the price of crude oil. The key question is: are we going to see follow-through in other markets?
Simmons notes US$98.50-99.0 is a huge support zone for WTI futures.
One observation Simmons makes is the appearance of doji candlestick formations on price charts for various markets. This suggests a break in the previous trend. There has been a double doji in crude oil (WTI) while copper and gold also put a doji in price charts recently, as did the USD Index.
To view the ATW Strategic Prep Video click HERE or visit the FNArena Investors Education section of the website.
Here's the direct link: https://www.fnarena.com/index2.cfm?type=dsp_front_videos&vid=67
All views expressed are Jerry Simmons's, not FNArena's (see our disclaimer).
Jerry Simmons has over 25 years of full-time trading experience. He is the senior partner and head mentor for the “Masters” Programme within the education system at New York based Advanced Trading Workshop (ATW).
FNArena is pleased to have Jerry Simmons as a highly valued contributor to its service which aims at both educating investors and assisting them with their own market analyses.
The above mentioned videos can be accessed via the FNArena Investor Education section at https://www.fnarena.com/index4.cfm?type=dsp_front_videos)
