Descrição
⋅ Choppy
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⋅ That would be 38.2 FIB retrace from the highs in 2013 summer, then most likely downleg to 38 develops into the Fall before a more significant up
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⋅ BTW, in order for oil to go up, seems to me a conflict in Mideast is probable. What forecasts what?
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⋅ Qatar thing could be a precursor for the conflict, just creeping instability to put premium on the marginal producers in the US
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⋅ Volatile again but still higher than the previous low