Dominate Your Market
by Jim Wyckoff
The the crude oil market bulls are fading after they could not push prices above stiff overhead chart resistance areas that did lie just above the market. This is one clue that a near-term market top is in place. More selling pressure this week would likely confirm that notion. Stay tuned!
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.