With Finance Magnates’ launch of the guest blogger’s community, a new medium was recently added to this vibrant community: Vlogs, short for video blogs.
Check out our latest vlogger Cary Artac, a veteran Futures and ETF analyst from Chicago who demonstrates the use of technical speedlines and their effectiveness in defining the present relationship between the US dollar and WTI Crude Oil.
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The video commences with a long-term analysis and work toward nearer-term outlook and introduces the tool Mr. Artac has been using for many years. Further on he discusses the US Dollar Index low from 1983 in comparison to the level of September 2014 – that he refers to as, “We are talking big picture here!”
“Over the last thirty years the inverse correlation between Crude Oil and the US Dollar Index has not been in an entirely direct relationship”. Watch the video to find out more!