Crude Oil Futures are rallying strongly,in a V bottom
formation throughout 2018, now back to $75 resistance on 10/1/18.
Longer Term Chart of Crude shows that the price
could be re-tracing back to the important prior yearly high of $90 a Barrel.
That scenario would certainly have inflationary headwinds,
for transportation business in added cost expenses
as well as consumers who could see the price of gasoline spike
back towards $4 a gallon in 2019.
THE_UNWIND
formation throughout 2018, now back to $75 resistance on 10/1/18.
Longer Term Chart of Crude shows that the price
could be re-tracing back to the important prior yearly high of $90 a Barrel.
That scenario would certainly have inflationary headwinds,
for transportation business in added cost expenses
as well as consumers who could see the price of gasoline spike
back towards $4 a gallon in 2019.
THE_UNWIND