Friday, November 04, 2016

Crude Oil ($WTIC) Breaks

Double Duty Trendline

By -

First off, congratulations to the Chicago Cubs for their remarkable victory. This is literally the first time in my life I turned on a baseball program, and I guess I picked a good one. What a game! I see a lot of Slopers had fun last night in the comments section watching it too.

Second, I’m pleased to see crude oil’s little rally last night accomplish just one thing: to give the broken trendline a peck on the cheek before turning downward again. Wouldn’t it be magical if support was now solid resistance?