Commodity Strength Continues
Tim Knight | Nov 22, 2017 12:18PM ET
Commodities, particularly oil, continue to be strong. You can see the breakout a few weeks ago from the range DBC was in, and the successful test afterward.
More specifically, United States Oil (NYSE:USO) is gaining strength, with an eye on next week’s big OPEC meeting/announcements. The yellow area represents a strong base and I’ve circled where prices are pushing above the trendlines.
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