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.
20050718 Light sweet crude CCI crossed below zero last Thursday, which was the sell signal Moving averages now provide some support. Have to see if momentum accelerates to downside.
Crude Oil futures chart
posted by emacro @ 4:57 PM
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