Crude Oil’s Constructive Progress
Tim Knight | May 25, 2017 01:51PM ET
Thursday's market star was crude oil — and what a wild ride it's been!
I came into the day long (VERY long) both DRIP and ERY. They both started off well, but then went into a free-fall, which was, umm, a little disconcerting. Mercifully, I didn’t get stopped out and they turned around nicely.
Take note, for instance, the well-formed cup-with-handle pattern that has completed with ERY, shown below.
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