In this video I discuss a recent swing trade in oil. One thing I should have mentioned in the video is that if you want to intra-day trade oil futures is the way to go. Because of the global nature of this commodity many of its cleanest moves happen outside of US stock trading hours.

Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded professionally for 19 years. His email address is: [email protected].

Steven Spencer is currently net long USO via USO call options and the USO ETF