Crude Reversal Begins
Tim Knight | Oct 12, 2015 11:25AM ET
For my portfolio, the prospect of crude oil weakening is probably even more important than what the ES is doing. It’s heartening to see that, so far, crude’s surge into the lower 50s is faltering and we’re painting a bearish reversal pattern on the candlesticks. (NOTE: I actually did this chart earlier in the trading day and crude has slipped even more).
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