The Recovery In Oil Fails Miserably
Crude oil takes the stairs to just below $55 per barrel. The elevator ride back down. Risk-off conditions in all commodities. I still expect a February or early March bottom. UCO on dips with tight stops. At the start of this year, on January 8, the price of nearby NYMEX crude oil futures rose to a high of $65.65 per barrel. The peak was just …
News story posted on 2020-03-01T11:34:00.0000000Z
