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.
20050822 Momentum still up, but CCI hook down with a doji candlestick. If price breaks the low of this doji bar, a sell is indicated targeting the lower moving averages.
Crude Oil futures chart
posted by emacro @ 4:50 PM
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