Dominate Your Market
by Jim Wyckoff
Nymex crude oil futures market has pushed above psychological resistance at $60.00 a barrel this week and hit a 13-month high. The oil market bulls are technically strong and there are no early chart clues to suggest a market top is close at hand. That means the path of least resistance for prices remains sideways to higher. 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.