The West Texas Intermediate Crude Oil market has essentially gone nowhere during the trading session on Thursday, which of course makes quite a bit of sense considering that the day was Thanksgiving in the United States, which of course is a major holiday and therefore keeps a bit of a lid on how much momentum there could have been. After all, the liquidity and the trading hours available would have been much less than usual, so I would not read too much into the candlestick from the day. It is worth noting that we have stalled and the 50 day EMA, but we also did that during the previous session and that is why I ... (full story)