Big breakout for oil out of downward channel from April. Chart is bullish with upside risk to 55.40 at least. Support is 53.45 and 52.60 (July contract). Inventories out this morning and equities better hope they are plentiful.
click on chart for full size
click on chart for full size
This entry was posted
on Thursday, June 02, 2005 at 1:11 AM.
