Hello Traders,
For 2014 I would like to wish all of you discipline and patience in your trading!
Weekly crude numbers for WTI from EIA for 28 years .
Wealth of information for review if you are a crude oil/ energy trader!
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=rwtc&f=w
Trading myopothy blinds many traders so from time to time it is important to step back, take a deep breath and look at the price action from longer time frames” The action to the downside in the Crude oil market has been nothing short of breathtaking. ….
the longer term view(s) can illustrate ( on this chart supplied by U.S. Energy Information Administration). That deeper sell offs and more volatile market moves could continue for some time .
Weekly chart for your review below:
