The Forces Setting the Stage for Huge Wins in 2021

The Forces Setting the Stage for Huge Wins in 2021

Dear Trader, Welcome to another edition of Big Energy Profits! As you guys progress as traders and begin to reach higher goals, I'd like for you to keep in mind this saying: "There is no elevator to success. You have to take the stairs." Embrace the process. It might be difficult and you might make mistakes along the way, but if you stay focused, disciplined, and consistent, you'll achieve your goals eventually. In this issue we'll discuss: The One-Two Knockout Punch to Any Bull Market The Forces Setting the Stage for Huge Wins in 2021 The #1 Way to Make Big, Fast, Easy Gains in the Stock Market Please enjoy, and have a blessed week! 10 Chart Patterns You Should Know How to Read Chart Pattern #2: Double Top The double top chart pattern is the one-two knockout punch for the bull market. That's because it's a technical reversal that signals the start of a bear market. It is formed when an asset reaches the highest price point two times in a row. However, the identical price points are separated by a minimum price known as the support level.  Think of two peaks separated by a valley as you can see below. Click here to discover more about this chart pattern that every trader should know… as well as some tips for how to use these chart patterns to make more profitable trades every day! Crude News News that a second vaccine was highly effective lifted global markets on Monday, adding optimism to the prospect that the end of the pandemic is within sight sometime next year.  Oil prices rose again on Monday, but were down in trading on Tuesday.  WTI was trading just above $41 and Brent at about $43.50 per barrel.  Despite vaccine hopes, the near-term remains grim in the western hemisphere with coronavirus cases continuing to rise.  The extension of the OPEC+ production cut deal by three to six months will swing the oil market into a deficit next year, the group believes. OPEC+ is considering four possible scenarios for 2021.  The group is leaning towards a three-month cut extension. Multiple vaccines could set the stage for a rally next year.  Meanwhile, even with the energy transition looming in the long run, oil and gas demand will likely rebound next year and beyond. The EIA forecasts U.S. oil production will remain flat through the end of 2021. Want to learn how you can get access to my members-only daily, weekly and monthly energy sector analyses, trade ideas and managed trade alerts? Click right here to view a free training video! Big, Fast, Easy Gains in the Stock Market Looking for big, fast and easy gains in the stock market? On this page, we reveal the #1 secret for making FULL-TIME income trading less than part-time. It's called V-Swarm... And thanks to this proven market force... Hawkeye Traders can see EXACTLY where the "Big Money" on Wall Street is moving to next... And get in front of those moves for potentially bigger, faster returns.  Want to know how to do it? All you need to do is go here and watch this no-cost training video. Weekly Market Analysis Based on last week's price action, the direction of the December WTI crude oil market the week-ending November 20 should be determined by traders reaction to $38.35. Bullish Scenario A sustained move over $38.35 will indicate the presence of buyers. If this move creates enough upside momentum then look for a retest of $42.41 to $43.06. Taking out this level could extend the move into the main top at $44.33, followed by the major Fibonacci level at $46.45. Bearish Scenario A sustained move under $38.35 will signal the presence of sellers. If this move generates enough downside momentum then look for the selling to possibly extend the major support zone at $34.82 - $32.58. The latter is also a potential trigger point for an acceleration to the downside. Anthony Speciale Jr Editor & Chief Investment Strategist, Big Energy Profits Hawkeye Traders team1@hawkeyetraders.com hawkeyetraders.com Call us: (888) 233-8598 DISCLAIMER: * Futures, stocks, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures, stocks, and forex markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, stocks or forex. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. Past performance of indicators or methodology are not necessarily indicative of future results. CFTC Regulation 4.41 These results are based on simulated or hypothetical performance results that have certain inherent limitations. 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