Dominate Your Market
by Jim Wyckoff
The Nymex crude oil futures market remains in a solid price uptrend and there are no strong, early chart clues to suggest a market top is close at hand. Look for new for-the-move highs in the near term. Crude oil is the leader of the raw commodity sector, and its lofty price levels are also providing support to most other raw commodity markets. As goes crude, so likely will go much of the rest of the raw commodity sector. 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.