Posts Tagged ‘contagion’

Contagion spreads to Commodities 5/4/10

Tuesday, May 4th, 2010

As of this post oil is lower by 4% and it does not look like the selling has abated as of yet. Assuming this is not just a one day event we may have put in an interim top yesterday. Looking at a daily candlestick chart notice the doji formation on heavy volumes. Support is seen [...]