20050805 With CCI grinding around +100, today's move made the upside momentum stronger after the profit taking candlestick 2 days ago. New highs taken out means uptrend intact, unless a swing low is violated.
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.
20050805 With CCI grinding around +100, today's move made the upside momentum stronger after the profit taking candlestick 2 days ago. New highs taken out means uptrend intact, unless a swing low is violated.
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