In this video I look again at the Brent Crude March 2009 Futures as traded in London. The recent market action indicates strong likelihood prices are heading south soon possibly this week for the final plunge before a sustainable rally is to emerge. I also look briefly at the H9 Gas Oil contract traded on the same exchange in London. This contract also displays the same pattern. Lastly I look at the Canadian Cash Energy index, which has been going nowhere in the last few sessions and likely is also heading south soon.
You can download, for free, the charts appearing in this video from my website www.the-elliott-wave-practitioner.com from the Downloads section.