Looking To Buy Heating Oil

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Heating Oil Futures—Heating oil futures in the December contract is trading higher by 120 points at 1.1785 breaking a 3-day losing streak as prices are still hovering right near a 6 week high.
Heating oil is trading above its 20 day but still slightly below its 100 day moving average as prices have been stuck in the mud over the last several weeks, as we enter the highly volatile winter season when the volatility generally can have tremendous spikes due to extremely cold weather conditions especially out in the Eastern part of the United States so look to play this to the upside as I believe the commodity markets look very strong.
TREND: MIXED–HIGHER
CHART STRUCTURE: IMPROVING
VOLATILITY: AVERAGE
If you are looking to contact Michael Seery (CTA—COMMODITY TRADING ADVISOR) at 1-630-408-3325 I will be more than happy to help you with your trading or visit www.seeryfutures.com
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Email: mseery@seeryfutures.com
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