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$35 gone while I was writing the post. Buckle up. Eshmun

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eshmun

11,185 Posts.

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14/12/15

22:26

Post #: 16612771
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Originally posted by eshmun ↑

Shorters making a move on WTI. US$35 almost breached just as I look now. If this continues we will see a real shake up in markets this week before the Fed decision IMO. Maybe a good market hissy fit could force the Fed to continue their "we will be guided by the data farce" a little longer. Do they really want to ruin Xmas for everyone? Some are predicting a rally in equity markets if rates are lifted. I suppose that is the backward way markets work now a days (up is down and down is up), who would know anymore. All I know is that the oil price will recover no matter what happens in Fed dreamland. Eshmun

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$35 gone while I was writing the post. Buckle up. Eshmun

DLS Price at posting: 53.5¢ Sentiment: Buy Disclosure: Held
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