Oil traders must be using yearly pivot points. The high this year on CL futes was at the Yearly R4 Pivot and the low this year is on the Yearly S2 Pivot. Knowing where support and resistance is, has it's advantages.Friday, September 16, 2011
crude oil YR4 to YS2
Oil traders must be using yearly pivot points. The high this year on CL futes was at the Yearly R4 Pivot and the low this year is on the Yearly S2 Pivot. Knowing where support and resistance is, has it's advantages.
