ARTICLE SYNOPSIS...The much-anticipated breakout from a multimonth symmetrical triangle has arrived.
ARTICLE SYNOPSIS...A 2B top at the weekly level and a pair of negative divergences at the daily level suggest that the upside in crude might be limited in the near-term.
ARTICLE SYNOPSIS...A negative divergence sets up a sharply downward turn in crude oil futures.
ARTICLE SYNOPSIS...Having broken down from above $30 highs in September, December crude breaks down again in late October.