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.
Thursday, November 30, 2006
Wednesday, November 29, 2006
Tuesday, November 28, 2006
Monday, November 27, 2006
20061127 After a long drawn out bottoming process, is this the reversal breakout in crude oil that will help the long position? Time will tell. Crude Oil futures chart
Friday, November 24, 2006
20061124 Crude Oil still building the triangle, it seems. Let's see if there is a true breakout. Crude Oil futures chart
Tuesday, November 21, 2006
Friday, November 17, 2006
20061117 Sell down yesterday looked to be a flush out, We'd be looking to long the front month contract on Monday electronic open. Crude Oil futures chart
Wednesday, November 15, 2006
Tuesday, November 14, 2006
20061115 Light sweet crude oil remains weak, we have our 3rd day down, indicates a buy. Long position taken on today electronic open. Crude Oil futures chart
Saturday, November 11, 2006
20061110 Nymex crude oil futures rally looks like petering out, or is it? Could well be the final flush out before the breakout rally continues. Let's see what the insiders do with the crude oil market. Crude Oil futures chart