NYMEX:CLV2015 LIGHT CRUDE OIL FUTURES
We are still watching crude for an entry long. We would like to see price re-visit the trigger zone and touch the lower flag. We are being CAUTIOUS with crude. This beast can blow through an area quickly so MAKE SURE IF YOU ARE TRADING CRUDE YOU ARE USING A TRIGGER! Define your risk and be good with it.
Hi Coolingla...not sure if I understand your question. If you are bullish on crude then you will need to find an entry, define your risk and pick your targets. There are other products to trade that are tied to the energy markets. The "best vehicle" is a bit subjective. You could look at the $USO, energy companies on the equities side or the futures contract that we talk about here. We like to trade the $CL and $USO. It's a personal preference and we have been doing it for 15 years. Hope it helps.