2020年11月29日星期日

The #1 Pattern to “Speed Up” Your Gains

Dear Trader,

I hope you're all having a wonderful Thanksgiving weekend, and that you had a chance to spend time with loved ones… 

And reflect on all that you're grateful for this year. 

I know I'm grateful for the chance to help others in their trading journeys by sharing the same strategies that transformed my life!

In this issue we'll discuss:

  • The #1 Pattern to "Speed Up" Your Gains
  • When Will Global Oil Demand Reach Pre-Pandemic Levels?
  • Your Last Chance to Save 50% off the tried-and-true indicators I use to clear six figures a year in trade profits!!

Please enjoy, and have a great weekend!

10 Chart Patterns You Should Know How to Read

Chart Pattern #6: Wedges

Slow and steady wins the race... Little drops of water make the ocean... One step at a time…

That's good and all... but would you turn down an opportunity to speed up the process? 

If you can zoom right to the finish line, wouldn't you set yourself up for that instead?

Well, that's what happens with wedges. 

This pattern shows you opportunities to "speed up" any gains you make in the marketplace.

Click here to discover more about this chart pattern that every trader should know… as well as some tips for how to use these chart patterns to make more profitable trades every day!

Crude News

Oil prices traded mixed on Friday morning but remained on course for a fourth straight week of gains ahead of an OPEC+ meeting early next week.

Both benchmarks are up about 7% over the week after encouraging news on potential COVID-19 vaccines from AstraZeneca and others.  However, questions have been raised over AstraZeneca's "vaccine for the world", with several scientists sounding caution over the trial results.

While a successful vaccine rollout should break the link between infection and mobility, even then global oil demand will likely only reach its pre-pandemic run rate by mid-2022.

The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are leaning towards delaying next year's planned increase in oil output, said three sources close to the OPEC+ group.

OPEC+ was planning to raise output by 2 million barrels per day (bpd) in January - about 2% of global consumption - after record supply cuts this year. OPEC+ ministers are due to meet from Monday.

Informal talks between ministers are set to take place on Saturday.
Rising Libyan output is also contributing to concerns about oversupply in the market.

The OPEC member, which is exempt from the oil cuts, has added more than 1.1 million bpd of output since early September.

Want to learn how you can get access to my members-only daily, weekly and monthly energy sector analyses, trade ideas and managed trade alerts? Click right here to view a free training video!

The "Brain-Dead" Trading Strategy to Double Your Account Every Month

After years of testing and studying investing strategies, one "brain-dead simple" strategy stands alone.

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It also reduces their downside risk -- which is more important now than it has been in years -- AND eliminates the guessing that leads to bad investment decisions.

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Long Term Market Analysis

Upside, the mid $39.00 formation can contain selling through December, above which the mid $48.00 remains a 3-5 week objective able to contain buying well into next year, and a significant upside continuation point through Q1 of 2021.  

Downside, closing below the mid $39.00 price area allows for the mid $33.00 long-term support area within 3-5 more weeks, where the market can bottom out through Q1 of 2021.  A settlement below 33.44 indicates the 25.14-26.05 region within several more weeks, able to contain selling well into next year 

    Anthony Speciale Jr

    Editor & Chief Investment Strategist,

    Big Energy Profits

    Hawkeye Traders
    team1@hawkeyetraders.com
    hawkeyetraders.com


    Call us: (888) 233-8598

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