Stiff Trendlines, Slippery Oil By: TalkMarkets June 17, 2015 at 13:38 PM EDT Oil was surging last night, but look at where it peaked: at precisely (virtually to the penny) the descending trendline, which represents resistance. Read More >> Related Stocks: DB Crude Oil -2X ETN Powershares United States Oil Fund iPath Dow Jones-Goldman Sachs Crude Oil Fund