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Feb Crude/ Still Bumping Resistance *PIC*

Feb Crude continues to bump up against the 102-105 resistance area after its test of 94 support. All moving averages are now bullish and this is the 3rd time up into this price resistance area which has chewed away much of the resistance. The pattern from the Oct low is a bullish Ascending Triangle. If price can clear and hold within the 102 to 105 area this would be especially bullish and suggest a strong breakout over 105. Meanwhile resistance is resistance.

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Feb Crude/ Still Bumping Resistance *PIC*
Re: Feb Crude/ Still Bumping Resistance
Re: Feb Crude/ Still Bumping Resistance/Silverbear