Dominate Your Market
by Jim Wyckoff
Nymex crude oil futures prices are in a downtrend on the daily bar chart and the bears have the near-term technical advantage. With raw commodity sector leader crude oil’s prices trending down at present, the rest of the raw commodity sector markets will likely find the going will be tougher to extend any existing price uptrends. 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.