Crude has been strong for a solid month now, and it has since vaulted over its descending trendline.
It seems all the yammering about oversupply in crude oil is meaningless (as, it seems, 99% of the worries posted on ZH turn out to be). Crude has been strong for a solid month now, and it has since vaulted over its descending trendline.
Next stop? Close the gap on the oil and gas explorers.
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