Monday, December 1, 2014

Crude Oil bounced off the trendline from 1998

$WTIC - Chart Link - hello everyone, here's a followup to my weekend newsletters where I discussed crude oil.  Today crude oil had the largest bounce in over 2 years, however that's coming off the largest selloff from last week in years.  Anyway as you can see from my monthly and weekly charts, crude oil bounced off the uptrend support line from 1998 that I had in place

$WTIC - Chart Link

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