Crude’s 200DMA and Today’s Inventories Buildup Release

The crude oil market had been marching steadily higher with and without the move higher in equities in the post-fiscal cliff environment. Despite a move lower December 19 to 28 in the Dow, crude oil was able to climb higher through $90/bbl. However the recent lack of higher highs in equities coupled…

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Crude’s 200DMA and Today’s Inventories Buildup Release