Wednesday, October 26, 2016

Without An Agreement By OPEC I Think Energy Could Fall Further Than This

Slippery When Wet

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Since the highest concentration of my positions is in energy, I’m persistently interested in the price of crude oil. It seems to have finally, after weeks of being range-bound, broken to the downside. However, I don’t think the downside potential is that vast – – – probably something confined within the zone I’ve tinted below.