Choppy
Comment:
That would be 38.2 FIB retrace from the highs in 2013 summer, then most likely downleg to 38 develops into the Fall before a more significant up
Comment:
BTW, in order for oil to go up, seems to me a conflict in Mideast is probable. What forecasts what?
Comment:
Qatar thing could be a precursor for the conflict, just creeping instability to put premium on the marginal producers in the US
Comment:
Volatile again but still higher than the previous low
