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Lambert: Being brave and buying Brent

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Clive Lambert is happy to admit that his trade idea to buy Brent is "brave", and could raise a few eyebrows. However, Clive has looked back at the 2008 levels, the last time commodities were crashing to this extent, and Brent had dropped down to just above USD 36.00. 

Clive's calculation is based on the belief that Brent will not fall further below 2008 levels despite closing around USD 36.75 on Monday. 

USD 38.00 key support level
One dollar stop
Targets: 41.70 43.30