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Bill Baruch of Blue Line Futures to discuss his recent calls in crude oil and how he feels a “four star” support level may be tested soon for new longs. Also, he talks gold and the breakout we have seen and the momentum behind the trade. Bill turns your attention to different commodity markets which may also offer some great opportunities in this secular bull market.
Bill also discuss how the Fed has become so politicized and what that may mean for the commodities market too.
0:00 - Intro
0:30 - Previous Oil Predictions
03:00 - Is Gold the next big Trade?
05:30 - US Treasury Market
06:15 - Secular Bull Market
08:30 - Is a new Federal Chairman coming?
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Blue Line Futures
Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results