Heads up. Crude oil prices on NYMEX have just hit the fabled $75 resistance level. In fact nymex.com itself went down momentarily, probably overloaded by excited onlookers. It's now back up. This is a key resistance level that I have been talking about. Let's see how it goes from here.

See also :

1. NYMEX crude oil prices rise to $68 on brighter economic outlook
2. NYMEX crude oil prices hit $72.20 on rising outlook and falling dollar
3. NYMEX crude oil prices ease after surge to $73.24
4. NYMEX crude oil prices jump to 2009 high above $74


Link to original post