Friday, August 04, 2017

I Told You, We're Still Swimming In Oil

Fourth Approach

By  - August 

Even though crude oil has its (annoying) surge from June 21 through July 31, the topping pattern for oil and gas explorers and producers was never violated. The head and shoulders pattern is firmly in place, and the neckline was tested twice successfully. This downturn could start to kick in very soon.