Crude Oil- About to rally 10% more, to $80?

Crude Oil- About to rally 10% more, to $80?

CLICK ON CHART TO ENLARGE This chart looks at Crude Oil on a monthly basis over the past decade. We applied Fibonacci retracement levels to the highs in 2011 and the lows in 2016 at each (1). The rally of late has Crude attempting to break out above the 50%...
Crude Oil facing 800 pound resistance test

Crude Oil facing 800 pound resistance test

Crude Oil has been strong of late. Did you realize that Crude Oil has gained more in the past month than the S&P 500 has this year, see chart below. CLICK ON CHART TO ENLARGE The strong rally of late has Crude testing what appears to be a very important level in...