Dominate Your Market
by Jim Wyckoff
October Nymex crude oil futures prices at mid-week hit a nearly six-month low and the bears have the near-term technical advantage. The path of least resistance for crude oil prices is sideways to lower. If crude oil continues to slide then most other raw commodity markets will likely do the same. Crude oil is the leader of the raw commodity sector and is a key “outside market” that many other markets, and traders, track very closely on a daily basis. You should, too.—Stay tuned. Jim Wyckoff
There is a risk of financial loss in futures and options trading. Futures trading is neither easy nor an easy way to make money. It takes hard work to have success. Please use sound money management when trading futures. Past performance is not necessarily indicative of future results. Nothing on this website is intended to be a trading recommendation to buy or sell futures or options. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Readers are solely responsible for how they use the information on this website.