tshah7
Short

Crude Oil , A Sideway ---- To ----- Bear Market ahead

FX:USOIL   Crude Oil (WTI)
Ok let me tell you what I analyze
:
whats happening right now with crude oil             is , people are buying thinking that
1- Price is too low, (as they have not seen this price in last 3-4 years)
2- some advance traders thinking that , other people will short cover tomorrow , which will take price high

But whats happening for real is, OPEC is the one ,because of whom price went down. And ofcourse they are not going to decrease production after investing so much in their Killing-Market-Strategy .
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