Dominate Your Market
by Jim Wyckoff
The Nymex crude oil futures market remains in a price uptrend on the daily bar chart, to suggest more sideways-to-higher trading action in the near term. The next upside target is stiff psychological resistance at the $50-per-barrel level. Stay tuned!– Jim
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.