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Nymex crude oil bulls work to keep price uptrend alive

December 2, 2019 by Jim Wyckoff Leave a Comment

The Nymex crude oil futures bulls have the very slightest near-term technical advantage as they work to keep an uptrend alive on the daily bar chart. Still, price action has been sideways and the bulls will have to push prices above the resistance line seen on the chart to gain fresh power, and the bears will have to push prices below the support line to do the same. Stay tuned!–Jim

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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