Oil Poised to Rise Well Over $70, Hedge Fund Telemetry's Thornton Says

The video discusses the significant rise in oil futures, particularly Brent crude and WTI, following an attack on a Saudi oil facility. It reviews historical oil price trends and analyzes the current market situation. Expert Tom Thornton provides insights into the oil market, discussing technical indicators like RSI and offering predictions for future price movements. The video also explores options trading strategies to capitalize on the current market conditions.

What technical indicators are mentioned that suggest a potential rise in oil prices?

What trading strategy does Tom Thornton suggest in relation to the oil market?