I noted back on December 16 that crude oil had formed back-to-back range bust days, and that such occurrences were rare and powerful signals. Oil closed that day at 73.72 and is now at 76.75.
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The blog is recovering from a rather nasty worm infection. Basic posting has returned, but it may be awhile before I get the subscription sign-up module back up and running. Thanks for your patience! Happy Holidays! Mine will be spent squashing web code bugs!