I have subscribed to Sue's email service for a few years. Her insight into what moves the markets is extremely helpful to my farm operation. She has such a global view of information and then puts it together so I can base my marketing decisions off that. It amazes me how many times Sue will make a prediction on a reversal or a market high or low and nails it to the day! That consistency really builds my trust and respect in her.
Thank You Sue.
November crude oil made a higher high and has been in a buy mode for 9 trading days. The rally from the low of August 3 to August 19 appears to have been repeated with the low of September 20 to today's high. While the market has broken to a low of 4950, we would be a seller on any inter-day bounce and have stops above today's high. Support levels are 4810, 4762 and 4684-4650 basis the Nov contract. However, do not sell the Nov but move to the Dec contract accordingly.
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