How to Trade the Potential Return of $100+ Oil

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[RSVP Here]( Recent Articles [How to Trade the Potential Return of $100+ Oil]( by [Ian Cooper]( [Morning and Evening Star Reversals]( by [Adam Oliensis]( [KeyPoint Market Daily]( by [Joe Duffy]( [TradeWins Author Team]( Tomorrow, you could begin doubling your account every single month starting with one letter. The letter will come from a 20-year trading professional named Ian Cooper. He says, “In 2017, following my trades you would be doubling even tripling your account some months. Let me show you how.” He will show you exactly what to do... and he’ll give you the blueprint for just $1. [Get Daily Trade Alert Now]( About TradeWins [Inside Trading Newsletter]( [Webinars]( [Videos]( [Trading Strategy]( [Options]( [Futures]( [Forex]( [Day Trading]( [Subscription Services]( [E-Books]( [Customer Satisfaction Survey 2020]( How to Trade the Potential Return of $100+ Oil by [Ian Cooper]( [image](#) Gas prices are on the run. From a current price of about $84, we could see $100 again. All thanks to dwindling supplies, and growing demand, which could return to pre-COVID days. President Biden doesn’t have an answer either, noting, “My guess is you’ll start to see gas prices start to come down as we get by and going into the winter, I mean, excuse me, next year, going into 2022. I don’t see anything that’s going to happen in the meantime that’s going to significantly reduce gas prices,” as quoted by CBS Baltimore. Investors are blaming OPEC’s failure to boost production. Others are blaming the President for shutting down the XL Pipeline. Until either change, or we see demand cool off, oil prices will only push higher, leading to more pain at the pump. For one, markets are going to remain under-supplied for quite some time. Meanwhile, analysts believe oil demand will go back to – and even exceed pre-COVID levels. “Bullish sentiment continues to support oil prices as global supply remains tight at a time when demand is recovering from the pandemic,” said Toshitaka Tazawa, an analyst at Fujitomi Securities, as quoted by CNBC. Even stockpiles at storage tanks in Cushing, OK are critically low. Over the last two weeks, stockpiles fell by more than four million barrels to 31 million, and may drop even more on growing demand. The last time supply was this low, oil prices were above $100 a barrel. [Read More]( Morning and Evening Star Reversals by [Adam Oliensis]( A star is a two-day pattern that warns of a possible reversal. It’s a glamorous kind of event. The name itself conjures shimmering images, and a star pattern does indeed stand out on a chart. A star pattern has a small real body that follows after a large real body, and gaps away in the direction of the prior trend. A star can be either hollow (white) or dark (black or red). It must, though, have a small real body and gap away from the prior action. The shadows, or wicks, can be either long or short. A star tells us that, after gapping in the direction of the trend, the stock was unable to make further headway in the direction of that trend. It may indicate that the stock just needs a rest, or it may represent the exhaustion of the bulls (in an uptrend) or the bears (in a downtrend). It’s not a full-fledged reversal, just a warning that a reversal may be imminent. [Read More]( [Joe Duffy’s KeyPoint Market Daily]( October 27, 2021 Elite Wall Street trader, Joe Duffy, is allowing a limited group of future-elite investors into his masterful daily trades at thousands of dollars less than what others charge. When you join today for $1, the first month you'll receive: - Joe Duffy’s daily video newsletter with updates on what's happening in the markets that very day. 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