Why Oil Prices Might Be Headed Below $60

Why Oil Prices Might Be Headed Below $60

Assessment

Interactive Video

Business, Architecture, Religious Studies, Other, Social Studies

University

Hard

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The video discusses current trends in the oil and gasoline markets, highlighting bearish signals due to seasonal patterns and market sentiment. Walter Zimmermann, a chief technical analyst, provides insights into potential declines in oil and gasoline prices. The discussion also covers equity markets, identifying bearish patterns and recommending protective measures for investors.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the average seasonal decline in gasoline prices mentioned in the analysis?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What recommendations did Walter Zimmermann give regarding stock positions?

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