claydoctor

OIL bounces right on cue

NYMEX:CL1!   LIGHT CRUDE OIL FUTURES
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Bounce right on that HS descending neckline, right on cue, now if we can hold above the 8-24 previous high, we will be in OIL             bull territory. If not, could be another 8-24 stock ripple in the oil             pond event. Active rig count down again today slightly nudges price a bit higher. This is a decade old wait and see event. Does the bull get legs, or does the bear roar yet again.
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