I was watching Bloomberg on the Asian session and every single talking head on the show was saying how crude was dropping because of the impending resolution of the Iran-Bristish hostage crises. Not one shred of wording regarding actual oil flows. A very good time to be a contrarian. Mean reversion to about.. 64.65-65.00 or so...
1 comment:
Would the entry be on the 0/8 or -1/8 line?
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