(Bloomberg) -- Crude oil futures may surpass this year’s $75 a barrel high if prices for the most active contract close above their 100-day moving average and a six-month trend- line, according to technical analysis by Barclays Capital. November crude oil on the New York Mercantile Exchange has settled above its 100-day rolling mean each day for the past week. While this signals potential for gains, for prices to rally the contract must also close over a line connecting the lowest points between February and July, Barclays said.
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