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Dear Power Profit Trader,
Over the weekend, a drone attack in Saudi Arabia completely devastated 6 million barrels of oil in the biggest crude-producing country in the world.
And, naturally, the market reacted, with crude oil skyrocketing 10% while airline stocks fell on Monday morning.
The market may have been closed when the attack occurred – but that doesn’t mean Monday morning’s price movement caught everyone by surprise…
Now last week, I showed you how to get an idea on Sunday evening of where stocks will go on Monday. Because even if the market closes at 4:00 PM, the market-moving news never stops.
Saudi officials believe that this attack will affect oil and energy for weeks to come.
Here’s how to predict the sector’s next move over the coming weeks…
Good trading,
Tom Gentile
America’s #1 Pattern Trader
