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Is NYMEX Crude Oil In A $50-$55 Range?

Is NYMEX Crude Oil In A $50-$55 Range?

February 9, 2019

In my latest article on crude oil for Seeking Alpha, I look at the price action which has settled into a $50-$55 per barrel trading range on the nearby NYMEX futures contract. If this range remains in place, buying dips and selling rallies using two leveraged products that reflect the price action in the XLE index could be the optimal approach to the market over the coming weeks.

Article: Is NYMEX Crude Oil In A $50-$55 Range?

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