Normal service resumed for oil, but expect congestion at $72.50 per barrel
The excitement following the recent OPEC meeting is now a dim and distant memory and as the waters calm following the market’s knee-jerk reaction, it’s […]
indicators for trading oil
Oil prices remain bullish but now heading into a congestion phase on the monthly chart
The price of oil has continued to rise over the last few sessions as I suggested it would in my post of last week. At […]
Technical levels for oil once again in play!
In my post on oil of the 10th July, I highlighted the importance of the ceiling of resistance at $60.20 per barrel and whether this […]