Oil Up $6 to $104

By Bespoke Investment Group, An SA Author.


Somewhat lost in the mix today is oil's rise of $6, back above $100. As shown in the chart below, however, the commodity is still in a solid downtrend. For oil to break its downtrend, it needs to move and close above the $108-$109 level.

Click to Enlarge

Related Posts :

1. Soros sounds alarm on oil and commodities 'bubble'
2. Soros: "Financial bubble" of the last 25 years coming to an end
3. George Soros and Our "Superbubble"
4. George Soros and Paul Tudor Jones Commented on Oil Bubble

Please Note!
This is generally never true. Before buying or selling any stock you should do your own research and reach your own conclusion. See my Disclaimer on the bottom for more information.

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