20051101 Downtrend in place. I suspect there will be a short covering rally soon to squeeze some shorts, but resistance from stale bulls could cap moves up. Crude Oil futures chart
Crude Oil Futures
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.
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