A low , and weak attempt at this run, and running into mid line of BBands. Down we go again. With soooooooooo many wanting to go long on oil , waiting impatiently for the REAL BOTTOM, soooooooo many getting hammered, and the VOL will pick up big time if we go much lower. If we dip big time here, is has to effect the markets, and drag them down.
Yes. Or it can exit this bear flag at any time and head south. have you seen the chart for copper, and many other commodities for that matter, yikes. That dollar strengthens again, euro weakens, oil stands no chance. Question is, does S&P and markets follow this time. What do you think?