Crude oil - another warning message for the markets
After almost two month period of consolidations, 
CL1! is breaking down from bear flag, indicating high probability of significant decline (10-20%) to 30$ level ahead.
But what is more important I think, breakdown in crude oil acts as another hint of what to expect from risky assets going forward, and clear warning sign that more downside in equities should be expected.
CL1! is breaking down from bear flag, indicating high probability of significant decline (10-20%) to 30$ level ahead.But what is more important I think, breakdown in crude oil acts as another hint of what to expect from risky assets going forward, and clear warning sign that more downside in equities should be expected.
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