Tuesday, August 9, 2016

Chartology: Oil

We were thinking WTI $44 after today's API and tomorrow's EIA numbers but a little overshoot would not surprise. $42.94 down 8 cents; Brent $45.18 down 0.21.

From Nifty Charts:

https://2.bp.blogspot.com/-G4a8XbpHg5E/V6nHRUcwt_I/AAAAAAABN2c/lDqSYOpqvL84WEsW7g2LcmWCXi3DABbsQCLcB/s1600/Crude%2Boil%2Bv%2Bshaped.png

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