by Sean Brodrick on August 28, 2009
Crude oil had a weird week. The breakout attempt that began last week failed. But crude looks ready to take a run at overhead resistance again.
Crude oil had a weird week. The breakout attempt that began last week failed. But crude looks ready to take a run at overhead resistance again.
- If crude can break out to the upside, then get above other overhead resistance at 75, it could go to 90.
- If crude fails and breaks down, I think it could quickly go to 60.