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Nymex crude oil prices still trending up

October 25, 2023 by Jim Wyckoff

The Nymex crude oil futures market has seen choppy trading at higher levels, but a price uptrend remains in place on the daily bar chart and the bulls still have the firm overall near-term technical advantage. See the key support and resistance lines on the chart. Stay tuned! Jim Wyckoff

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

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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.

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