As of late, in the Tuesday commodities/equity tech webinars, we’ve been discussing the slope rising up from July of last year. It’s an important one given the number of times oil has either turned off of it or at least hesitated before continuing on. Friday and Monday brought two attempts to turn higher off the slope, but with yesterday’s decline it was finally broken for the first time. This is a demonstration of an important change in character, as each time this year the market quickly turned higher once the line-in-the-sand was met. At the time of this writing, crude is trading another at an important spot of ... (full story)