Dominate Your Market
by Jim Wyckoff
Nymex crude oil futures market prices gapped sharply higher Monday and hit a two-month high. Prices are now in a steep uptrend on the daily bar chart. The crude oil bulls have the firm near-term technical advantage, which means the path of least resistance for prices is sideways to higher in the near term. 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.