Adam Sarhan WSJ Quote: Oil’s ‘Death Cross’ No Big Deal
Dec 9, 2013 By Brett Philbin In the oil market, the “death cross” hasn’t signaled a long period of gloom and doom. Oil futures are up roughly 5% on the New York Mercantile Exchange since the ominous trading pattern known to traders as the death cross emerged. The technical indicator, which occurs when a contract’s…