Dominate Your Market
by Jim Wyckoff
Nymex crude oil futures prices this week hit a three-week high and a price downtrend on the daily bar chart is now in serious jeopardy. The bulls have gained upside momentum recently and are now working on a fledgling price uptrend on the daily bar chart. Technical odds have markedly increased that a near-term price bottom is in place for crude. Stay tuned! Jim Wyckoff
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