Futures Traders: Get FREE daily videos covering today's hottest market
Twenty-five-year commodity market veteran Jim Prince is an expert in the principles of technical trading. Each day Jim reviews the biggest moves in the commodity markets, identifying formations and planning trading strategies. And now, in his free Daily Alert, Jim will share with you his hot pick of the day with an exclusive 3-5 minute video.
With each Daily Alert video Jim reviews first-hand his featured chart of the day, discusses trading strategy, and highlights possible entry and exit points.
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Nov crude oil this morning is up +80 cents (+1.65%) at a 2-week high and Nov gasoline is up +0.0011 (+0.08%). Tuesday's closes: CLX5 +2.27 (+4.91%), RBX5 +0.0411 (+2.97%). Nov crude oil and gasoline on Tuesday climbed to 1-month highs and settled sharply higher on a weaker dollar and on reduced U.S. crude production after the U.S. Energy Department in its Short-Term Energy Outlook said U.S. Sep crude output was down -120,000 bpd. Crude oil prices continue to see strength from Middle East tensions after at least one Russian fighter jet on Monday violated Turkish/NATO air space.