Published on 7 Jun 2016
The
WTI Crude Oil market broke higher during the course of the session on
Tuesday, clearing the $50 level. By closing at the top of the range, it
looks like the market should continue to go higher. After all, the $50
level is of course a large, round, psychologically significant barrier.
Also, is an area that we have been fighting with for some time, and with
that being the case I believe that it’s a sign we will continue to go
much higher.
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