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Crude-oil futures haven’t been this overbought since 1990. That doesn’t mean the rally is over.

March 6, 2026
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Crude-oil futures haven’t been this overbought since 1990. That doesn’t mean the rally is over.




A momentum indicator for a crude futures chart has soared to its highest level in 36 years, but as the Wall Street saying goes, overbought doesn’t mean over.

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