Friday, May 6, 2011

Crude Oil

Below is a current chart of the crude oil market (daily bars going back 6 months, so it is a relatively long-term chart).

CRUDE OIL Jun 2011 (E) (NYMEX:CL.M11.E)

Long-Term daily chart of the Crude Oil market (June 2011 contract) -- with 100-day moving average/  Thank you to INO for the chart.

Some folks would use technical analysis and look at:
  • General trends such as moving averages or momentum
  • Directional of various averages

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