(Bloomberg) -- Crude oil buyers may misinterpret the market’s climb this week as a signal for further gains, exposing themselves to a potential price reversal, according to Cameron Hanover Inc.Oil, rising for a third week in four, will face stronger resistance the closer it gets to $82 a barrel, a one-year high reached on Oct. 21, said Peter Beutel, president of the trading adviser in New Canaan, Connecticut. Buyers should watch for the market to settle higher each day before stepping in, rather than take their cues from intraday price swings, he said.
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