HomeLifestyleRetailCrude's (/CL) Spike After Seven Losing Sessions
Crude's (/CL) Spike After Seven Losing Sessions

The crude oil (/CL) trend is still higher, says Chris Robinson of TJM Institutional Services. He is looking at the 50-day, 100-day, and 200-day moving averages on the chart. He thinks if we hit above the $67-$70 level, people will step back in. Corn futures (/ZC) are trading lower for sixth straight session. He says the next six weeks will be telling for corn and soybeans (/ZS) as we get the yield reports.

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