Oil awaits range breakout, ‘Up, Up & Away for S&P500 - Tip TV

Feb 08, 2017, 12:46 PM

Despite the sharp sell-off in oil on the back of a bearish API report, Tip TV Presenter Zak Mir believes it is advisable to wait for a breakout from the range of $50-$55 before. Mir and Presenter Matt Brown discuss the bearish Point & Figure trade set up in oil presented by Investor Intelligence.

Other key topics discussed in this segment are - Next move in the S&P 500, Broker Recommendations, Oanda FX sentiment.

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