Wouldn’t it be useful to know where distillate fuel oil prices were headed? There are ways in which the market price movement may be able to help you decide when, how much, or in what direction prices might move.
When prices are shown on a chart, they often develop patterns that users find helpful in projecting price action. The patterns make up the discipline of Technical Trading – using the price action itself to predict the next price move. This session will discuss much of the basic information conveyed by charts of oil prices.