Category Archives: Commodities Investing
November 4, 2008 Oil price hit support
Oil prices appear fallen back to almost $60/barrel, which is support based on the long term uptrend that started life in early 1999. Since that time oil prices rose 1400%. Having gone from oversold to overbought, you might wonder whether they are going back to oversold. Well I would suggest they are, but not in [...]
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