The Energies Review
For the week of September 19, 2011
The crude oil space saw almost a mirror of the week before. The market high tailed up to above $90 before coming back down to below $86 as the economy still gets weaker with the eurozone crisis. Wti has been pretty much range bound and will likely keep between $83 and $90 this week.
Disclaimer: Past performance is not indicative of future results. Trading futures and options involves substantial risk of loss and is not suitable for all investors. Fundamental factors, seasonal and weather trends, daily news, and other current events may have already been factored into the markets. The use of stop loss or contingent orders may not protect profits and may not limit losses to the amount intended. Certain market conditions make it difficult or impossible to execute such orders.