Dominate Your Market
by Jim Wyckoff
The Nymex crude oil futures market has this week made a solid rebound from a six-week low hit on Monday. The bulls have gained momentum to suggest at least sideways price action in the near term—but likely between the support and resistance lines seen on the chart in the coming weeks. 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.