Most investors see oil headlines and react emotionally.

Jonathan Rose sees signals.

In today’s Friday Digest takeover, the veteran trader highlights the two market indicators he watches during periods of energy stress – and explains why he believes they may already be flashing another major opportunity in oil and refinery stocks.

In fact, he says the same signals helped identify one of his best refinery trades earlier this year – a position that returned 80% in just one week.

Below, Jonathan breaks down exactly what these indicators are and how they work… why today’s geopolitical backdrop may be creating another similar setup… and what it could mean for energy investors from here.