Crude Oil – 06.12.2016


We have been very precise with our oil analysis so far. Our latest oil article hit the target price on 18.11.2016 (click on the following link to see the article; ).


Since the OPEC agreement, oil has surged to $52 and trading at $51 right now. We believe the hype is over and the Crude Oil January 2017 options will have a consolidation. Our first target is $49. There may be a weak support there. However we are expecting the drop to extend even further to $47.50 – $48.00.


Once our target prices are hit, we will update our analysis.


This cannot be considered an investment advice!!