Crude oil has already shrugged off the implications of Friday’s surprisingly strong Jobs Report implying that similar to stocks the path of least resistance is currently on the upside i.e. the $US80-$US95 trading range remains in control.
- Crude oil has been trading in a choppy range for around 6 months and at this stage, there’s no reason to believe it won’t remain here for another 6 months.
MM is neutral crude oil
Add To Hit List
