{"id":811,"date":"2008-11-07T11:15:44","date_gmt":"2008-11-07T15:15:44","guid":{"rendered":"http:\/\/club.ino.com:80\/trading\/?p=811"},"modified":"2009-01-16T10:54:28","modified_gmt":"2009-01-16T14:54:28","slug":"how-low-is-low-for-crude-oil","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2008\/11\/how-low-is-low-for-crude-oil\/","title":{"rendered":"How low is low for crude oil?"},"content":{"rendered":"<p>I'm sure as a trader you've heard the expression, the \"trend is your friend.\" That was never more true than today as crude oil (NYMEX_CL) crashed to new lows and the stock market resumed its downward trend.<\/p>\n<p>Today we are focusing on crude oil and the reason why it fell to new lows. We're also going to be looking at all of the \"Trade Triangle\" signals that we have received on crude oil since last July. <a href=\"http:\/\/broadcast.ino.com\/education\/bottom_in_crude\/ \" target=\"_self\">The video is about nine minutes long<\/a> and I highly recommend watch it, simply because it shows you just how powerful trends can be.<\/p>\n<p><a href=\"http:\/\/broadcast.ino.com\/education\/bottom_in_crude\/ \" target=\"_self\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-thumbnail wp-image-728\" title=\"reel\" src=\"\/\/club.ino.com\/trading\/wp-content\/uploads\/2008\/10\/reel.jpg\" alt=\"\" width=\"114\" height=\"122\" \/><\/a><a href=\"http:\/\/broadcast.ino.com\/education\/bottom_in_crude\/ \" target=\"_self\">The video also shows you why price action is more important than fundamentals<\/a>. If you have a few minutes, please take the time to watch the video and learn how the markets really work.<\/p>\n<p>Since Barack Obama was named President elect, we can see how the markets have reacted at least in the short-term. Maybe not a reflection of Obama's potential as a president, maybe a reality check for problems in the economy. Not even the record cut in interest rates by the UK could help the markets today.<\/p>\n<p><a href=\"http:\/\/broadcast.ino.com\/education\/bottom_in_crude\/ \" target=\"_self\">Enjoy the video<\/a> and please let us know if you've found it to be helpful and useful in your own trading plan. You can reach us online or you can call us directly at 1-800-538-7424 and someone from a support staff will be able to answer any questions you might have.<\/p>\n<p>Every success in life and in trading,<\/p>\n<p><a href=\"http:\/\/club.ino.com:80\/trading\/wp-content\/uploads\/2008\/05\/adamnew.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-429\" title=\"Adam Hewison \" src=\"\/\/club.ino.com:80\/trading\/wp-content\/uploads\/2008\/05\/adamnew.jpg\" alt=\"\" width=\"100\" height=\"76\" \/><\/a>Adam Hewison<br \/>\nPresident, INO.com<br \/>\nCo-creator, MarketClub<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>I'm sure as a trader you've heard the expression, the \"trend is your friend.\" That was never more true than today as crude oil (NYMEX_CL) crashed to new lows and the stock market resumed its downward trend. Today we are focusing on crude oil and the reason why it fell to new lows. We're also [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[625,28,1150,612,611,566,1149],"class_list":["post-811","post","type-post","status-publish","format-standard","hentry","category-trading-tips","tag-barack-obama","tag-crude-oil","tag-how-will-obama-affect-the-market","tag-nymex-crude","tag-nymex_cl","tag-trade-triangles","tag-video-about-crude-oil"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How low is low for crude oil? - INO.com Trader&#039;s Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ino.com\/blog\/2008\/11\/how-low-is-low-for-crude-oil\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How low is low for crude oil? - INO.com Trader&#039;s Blog\" \/>\n<meta property=\"og:description\" content=\"I&#039;m sure as a trader you&#039;ve heard the expression, the &quot;trend is your friend.&quot; That was never more true than today as crude oil (NYMEX_CL) crashed to new lows and the stock market resumed its downward trend. Today we are focusing on crude oil and the reason why it fell to new lows. We&#039;re also [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ino.com\/blog\/2008\/11\/how-low-is-low-for-crude-oil\/\" \/>\n<meta property=\"og:site_name\" content=\"INO.com Trader&#039;s Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/inocom\/\" \/>\n<meta property=\"article:published_time\" content=\"2008-11-07T15:15:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2009-01-16T14:54:28+00:00\" \/>\n<meta name=\"author\" content=\"The INO.com Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The INO.com Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ino.com\/blog\/2008\/11\/how-low-is-low-for-crude-oil\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2008\/11\/how-low-is-low-for-crude-oil\/\"},\"author\":{\"name\":\"The INO.com Team\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280\"},\"headline\":\"How low is low for crude oil?\",\"datePublished\":\"2008-11-07T15:15:44+00:00\",\"dateModified\":\"2009-01-16T14:54:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2008\/11\/how-low-is-low-for-crude-oil\/\"},\"wordCount\":264,\"commentCount\":5,\"publisher\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\"},\"keywords\":[\"barack obama\",\"Crude Oil\",\"how will obama affect the market\",\"nymex crude\",\"nymex_cl\",\"trade triangles\",\"video about crude oil\"],\"articleSection\":[\"MarketClub Techniques, Tips &amp; Talk\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ino.com\/blog\/2008\/11\/how-low-is-low-for-crude-oil\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ino.com\/blog\/2008\/11\/how-low-is-low-for-crude-oil\/\",\"url\":\"https:\/\/www.ino.com\/blog\/2008\/11\/how-low-is-low-for-crude-oil\/\",\"name\":\"How low is low for crude oil? - INO.com Trader&#039;s Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#website\"},\"datePublished\":\"2008-11-07T15:15:44+00:00\",\"dateModified\":\"2009-01-16T14:54:28+00:00\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ino.com\/blog\/2008\/11\/how-low-is-low-for-crude-oil\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ino.com\/blog\/#website\",\"url\":\"https:\/\/www.ino.com\/blog\/\",\"name\":\"INO.com Trader&#039;s Blog\",\"description\":\"Expert Charts, Trading Tips and Technical Analysis from INO.com\",\"publisher\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ino.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\",\"name\":\"INO.com Trader&#039;s Blog\",\"url\":\"https:\/\/www.ino.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg\",\"contentUrl\":\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg\",\"width\":400,\"height\":472,\"caption\":\"INO.com Trader&#039;s Blog\"},\"image\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/inocom\/\",\"https:\/\/www.linkedin.com\/company-beta\/1056449\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280\",\"name\":\"The INO.com Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg\",\"caption\":\"The INO.com Team\"},\"url\":\"https:\/\/wwwtest.ino.com\/blog\/author\/the-ino-com-team\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"How low is low for crude oil? - INO.com Trader&#039;s Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ino.com\/blog\/2008\/11\/how-low-is-low-for-crude-oil\/","og_locale":"en_US","og_type":"article","og_title":"How low is low for crude oil? - INO.com Trader&#039;s Blog","og_description":"I'm sure as a trader you've heard the expression, the \"trend is your friend.\" That was never more true than today as crude oil (NYMEX_CL) crashed to new lows and the stock market resumed its downward trend. Today we are focusing on crude oil and the reason why it fell to new lows. We're also [&hellip;]","og_url":"https:\/\/www.ino.com\/blog\/2008\/11\/how-low-is-low-for-crude-oil\/","og_site_name":"INO.com Trader&#039;s Blog","article_publisher":"https:\/\/www.facebook.com\/inocom\/","article_published_time":"2008-11-07T15:15:44+00:00","article_modified_time":"2009-01-16T14:54:28+00:00","author":"The INO.com Team","twitter_card":"summary_large_image","twitter_misc":{"Written by":"The INO.com Team","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ino.com\/blog\/2008\/11\/how-low-is-low-for-crude-oil\/#article","isPartOf":{"@id":"https:\/\/www.ino.com\/blog\/2008\/11\/how-low-is-low-for-crude-oil\/"},"author":{"name":"The INO.com Team","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280"},"headline":"How low is low for crude oil?","datePublished":"2008-11-07T15:15:44+00:00","dateModified":"2009-01-16T14:54:28+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ino.com\/blog\/2008\/11\/how-low-is-low-for-crude-oil\/"},"wordCount":264,"commentCount":5,"publisher":{"@id":"https:\/\/www.ino.com\/blog\/#organization"},"keywords":["barack obama","Crude Oil","how will obama affect the market","nymex crude","nymex_cl","trade triangles","video about crude oil"],"articleSection":["MarketClub Techniques, Tips &amp; Talk"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ino.com\/blog\/2008\/11\/how-low-is-low-for-crude-oil\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ino.com\/blog\/2008\/11\/how-low-is-low-for-crude-oil\/","url":"https:\/\/www.ino.com\/blog\/2008\/11\/how-low-is-low-for-crude-oil\/","name":"How low is low for crude oil? - INO.com Trader&#039;s Blog","isPartOf":{"@id":"https:\/\/www.ino.com\/blog\/#website"},"datePublished":"2008-11-07T15:15:44+00:00","dateModified":"2009-01-16T14:54:28+00:00","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ino.com\/blog\/2008\/11\/how-low-is-low-for-crude-oil\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.ino.com\/blog\/#website","url":"https:\/\/www.ino.com\/blog\/","name":"INO.com Trader&#039;s Blog","description":"Expert Charts, Trading Tips and Technical Analysis from INO.com","publisher":{"@id":"https:\/\/www.ino.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ino.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.ino.com\/blog\/#organization","name":"INO.com Trader&#039;s Blog","url":"https:\/\/www.ino.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg","contentUrl":"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg","width":400,"height":472,"caption":"INO.com Trader&#039;s Blog"},"image":{"@id":"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/inocom\/","https:\/\/www.linkedin.com\/company-beta\/1056449\/"]},{"@type":"Person","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280","name":"The INO.com Team","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg","caption":"The INO.com Team"},"url":"https:\/\/wwwtest.ino.com\/blog\/author\/the-ino-com-team\/"}]}},"_links":{"self":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts\/811"}],"collection":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/comments?post=811"}],"version-history":[{"count":0,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts\/811\/revisions"}],"wp:attachment":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/media?parent=811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/categories?post=811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/tags?post=811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}