I’ve been mentioning the triangle pattern that crude’s been bouncing within for quite a few weeks. It finally peeked outside the triangle four days ago (tinted below) but fell back. That was the “tipping of the hand”, though. It clearly pushed above the pattern yesterday, and today it is picking up steam, racing ahead nearly 5% as of this writing.
Top Entertainment
- U.S. Cereal Company, Post Holdings Inc., Buying Weetabix Ltd. For $1.8 Billion
- USD/JPY Making A Bullish N Pattern Through Chuvashov Fork
- Bank Of Japan’s ETF Holdings Surge 80% To Cartoonish 16,000,000,000,000 Yen
- Case Study: How 3G Capital Squeezed More Out Of Heinz
- The SPY-TLT Universal Investment Strategy (UIS)
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