Breaking news over the weekend as Osama Bin Laden was killed by US forces, this news coming out on Sunday night as Crude came off to $110.80 before rallying back to $112.40. This is a major headline as it took 10 years to capture Osama but now it is finally done. The war on terror can slowly be chipped away now. I believe this will have a negative impact on the price of Crude Oil and the market should see lower prices on this huge news. There was a big premium on the price of Crude because of the war on terror, and I feel this should be cut significantly now. I will look for Crude to test $110 and then $105 for the next support.

Instead of financial review, you have just had a short trip around energy market with Pitguru Daniel Cronin to learn some hot news that may help your trading around day trading platform.

__________________
Futures Trading | Futures Markets | Crude Oil Prices