20050627 CCI is right at the critical juncture where it might break the htl (horizontal trend line). As it stands, momentum wanes a little, so once the htlb comes we could see some profit taking come in.
Crude Oil futures chart
Crude Oil has been on the radar screen of the public, politicians, economists, analysts and strategists, for the reason that it's price impinges on the prices of other goods. Hence it affects inflation and the cost of living. Blog chronicles trading in crude oil futures on Nymex.
20050627 CCI is right at the critical juncture where it might break the htl (horizontal trend line). As it stands, momentum wanes a little, so once the htlb comes we could see some profit taking come in.
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