Anthony Speciale Stock Market Analyst

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Why Energy is on Fire as Markets Melt Down

The world cannot function without crude oil! Nothing is planted or harvested without it. Nothing is manufactured or transported without it...

If you’re not feeling it at the gas pump and everywhere else already, get ready for some more pain if this setup transpires as it’s anticipated to.

That’s right… We’ve just taken a violent shove into ultra-bullish territory in the energy sector, particularly the WTI Light Sweet Crude Oil market.

Weekly Chart of Crude Oil Futures – Source: TradingView

Members of my energy market newsletter, The Speciale Report, have been anxiously awaiting this breakout.

Breakout in the Making

A weekly settlement above $117 should put us on a several-month path towards retesting the 2008 high at $147.

The energy sector has been in an identifiable uptrend since the pandemic low was placed in March of 2020 but has accelerated based on recent geopolitical tensions.

This market is very susceptible to being tossed around when it comes to global politics. It always has been and always will be.

Why? Because the world cannot function without its greatest source of energy… CRUDE OIL!

Nothing is planted or harvested without it. Nothing is manufactured or transported without it. And nothing is built or maintained without it.

Green deal or no green deal, this commodity isn’t going anywhere!

And instead of hating it, you can simply trade it!

Big Ideas

Trading the energy markets has afforded me a great lifestyle for nearly a decade, and I plan to continue trading it for the rest of my life.

When opportunities like this have teed up in the past, I’ve successfully navigated huge returns just like this one…

Obviously, I can’t guarantee that level of return on every setup.

But heck, even if it just turned out to be a portion of this last one that worked out for me, it could be a great return on investment!

If you want to know more about the strategies I use in The Speciale Report, click here now.

Get Josh’s Take

My good friend and professional trader Josh Martinez uses a similar technical approach inside of his entry level futures trading service, Futures War Room.

Josh is one of the greatest futures traders I know. We often bounce ideas off of each other as we analyze the market.

He describes his futures trading strategy as possibly “the world’s most profitable side job”…

This strategy helped Josh turn an initial deposit investment of $500 into $39,282 in less than two years.

All you have to do is access a little-known portal in your brokerage account and start copying Josh’s strategy — step by step, and trade by trade.

It really is that simple.

If you’re interested in learning more and how you can take on the futures markets with technical analysis, consider checking out his latest presentation right here!

Rules to Live By

“Incredible change happens in your life when you decide to take control of what you do have power over instead of craving control over what you don’t.” Steve Maraboli

Until next time, I wish you a beautiful and blessed day!

Yours In Trading Success,

Anthony Speciale Jr.

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