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Oil and Energy Stocks are Over Extending | tastytrade clips

Oil and Energy Stocks are Over Extending | tastytrade clips

DailyFX, Research

Ilya Spivak and Victor Jones share their thoughts on Oil's recent fluctuations in price. As the market begins to rally again and risk-sentiment regains, Ilya thinks some fundamentals in the global supply chain need to be priced in before oil prices can reach an equilibrium.

00:00 Oil Sentiment Changing

02:51 Oil Prices Over Extend

04:13 Oil Technical Analysis

05:57 Energy Stocks Outlook

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.