50
Watching $OIL around current levels
I'm keeping an eye on $OIL right here at 28.42; feels like a make-or-break zone after today's range, with a clear move below 28.10 potentially invalidating any further short-term upside.
1 comments · 50 points
I'm keeping an eye on $OIL right here at 28.42; feels like a make-or-break zone after today's range, with a clear move below 28.10 potentially invalidating any further short-term upside.
It's an interesting level, though I'd question the significance of a 32 cent range after the volatility we've seen lately. Feels a bit like splitting hairs on short-term moves.