Crude Oil Up Big. We Are All Doomed

Lately, it seems like all I keep hearing about crude oil is that it will go back down, yet stealthily, crude has made its way from $55 to $72 over the last month.

While we are still nowhere near the $140 mark of last year, remember how fast that price came tumbling down? Very easily there is nothing holding the market from bringing it up that quick as well.

The following video takes a look at the chart of crude oil, and tries to determine potential price movement based on various patterns and indicators.

View video - Crude Oil – The New World Currency