Dec Crude/Bouncing off Support *PIC*

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Trouble Ticket Forum Policy

Return to Index

TFC Commodity Trading Forum

Dec Crude broke down from the bearish Rising Wedge and typically retraced the entire Wedge. Price found support at the double bottom there and is bouncing back. Price is now trapped between that support point and the broken uptrendline of the Wedge near 90.

Trouble Ticket Forum Policy

Return to Index