Dominate Your Market
by Jim Wyckoff
The Nymex crude oil futures market remains in a solid price uptrend on the daily chart and recently hit a 2.5-year high. The crude oil bull remain technically very strong and there are no early clues to suggest a market top is close at hand. Thus, the path of least resistance will remain sideways to higher in the near term. Any early clues of a potential trend change in crude oil and other markets will be in my daily market update reports. 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.