Market Overview

Crude Futures Post Strong Gains

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Crude futures are having the best day in almost two months, rallying $1.50 per barrel to $95.40. After building a base in lower 93s, the contract cleared the major resistance at 95.20 and reached 95.63. Since making the high, the contract has pulled back to 95.16 before resuming is rally.

Posted-In: Technicals Commodities Markets Trading Ideas

 

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