Why Is Oil Still Going Up?

Video Length: 00:03:36


4160 was the high of the range for the S&P, hitting major 3-Star resistance, yet is still consolidating near support. INTC is down about 5% on a report from C, but do you recall they said to get short Crude Oil at $80?! Speaking of, Crude Oil hit fresh contract highs! ($123.18) Big surge of imports coming off of the EIA report today as OPEC says "There is no spare capacity!"

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