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.
20050803 New high put in place but candle shows reversal signal. Looking for more downside from here. CCI broke below +100 indicating slowing in momentum upside.
Crude Oil futures chart
posted by emacro @ 5:52 PM
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