Oil prices appear fallen back to almost $60/barrel, which is support based on the long term uptrend that started life in early 1999. Since that time oil prices rose 1400%. Having gone from oversold to overbought, you might wonder whether they are going back to oversold. Well I would suggest they are, but not in any currency measure you will fathom. The goal posts will keep shifting.------------------------------------------------
Andrew Sheldon www.sheldonthinks.com
Andrew Sheldon www.sheldonthinks.com
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