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.
20051130 So the up day comes after 3 consecutive down candles. Bigger picture is the crude oil is still in downtrend, but this does not preclude few more days of retrace up. 
Crude Oil futures chart
posted by emacro @ 1:45 AM
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