Global economy is still slowing down despite .
Price war - Saudis inflicting a lesson to non cooperative producing countries.
44 is target.
23 if something really goes wrong.
It is oil war, yacine is right
another article: http://www.zerohedge.com/news/2014-11-22/veteran-sp-futures-trader-i-am-100-confident-central-banks-are-buying-sp-futures
Equities will be interesting after thanksgiving
btw. extremely punishing effect on russia, dangerous play, i would not blame saudis, they essentially are not willing to carry the oil market anymore, check
chart of the year: http://www.businessinsider.com/us-crude-oil-production-the-chart-of-the-year-2014-11