Oil Leads Market Higher

422 views · Published 24 February 2016 · 8:42 · Indexed 10 November 2026

Channel: TheoTrade, LLC · 2016 · Education

Watch on YouTube

https://theotrade.com

Oil leads the market higher today after the oil report comes out. The market reversal blew through a key level in the S&P at 1911. The next level to watch is 1934. If the S&P can break through that then I would expect 2000 to be in play. Keep this in mind as you're setting up your positions and determining your risk. If you're short decide now if you can withstand a move to S&P 2000. If not adjust your risk. In tonight's member coaching session I'll be discussing the risk array in the analyze tab so you understand your risk. 

Get more free videos like these delivered to your inbox each trading day: 
https://theotrade.com

Get free thinkorswim® tutorials:
https://theotrade.com/tostutorials

Subscribe to our YouTube channel: 
https://youtube.com/theotrade

Follow TheoTrade on Twitter: 
https://twitter.com/realTheoTrade

Become a fan of TheoTrade on Facebook: 
https://www.facebook.com/TheoTrade

Follow TheoTrade on Pinterest: 
https://pinterest.com/theotrade

More from this channel