Crude Oil Should Bottom Soon


Oil is a market that could get crucified if stocks sell off tomorrow. If we do indeed get a sharp pullback in this sector, I will look at Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) as possible option trade canditates if we get a nice spike in volatility. Even though, this market has had a steep pullback over the past 10 days, the chart looks good and I’m still bullish on this sector

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