ARTICLE SYNOPSIS...ChevronTexaco Corp. has been stuck in a tight trading range the past few weeks. The stock's 50-day moving average, long-term downtrend line and a developing triple top formation are acting as resistance at the top of this trading range.
ARTICLE SYNOPSIS...December crude oil has been stuck in a week-long trading range since selling off late last month. A break out of this trading range will determine whether or not prices continue their downward trend.