Mega Cap Tech Leads the Way--But Is a Market Rotation Around the Corner?
Real Vision: Finance & Investing
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Is There Too Much Complacency in the Market?
We've seen a series of long term breakouts in crude oil, and most recently, a break out above what was former resistance on the chart. That breakout acts as a catalis for higher prices for crude oil,. But next resistance on oura chart is around 110 dollars per barrel. It's likely we now something that's dotted by pullbacks and what have you. We'll use the short term gauges to try to navigate through that. So i think with the lack of resistance between here and there, it just suggests that the uptrend should persist over the long term.
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