JeffBarlow

JeffBarlow

no positive news from opec, but does not mean its coming, wednesday should be the game changer if any world production and oil seasonality is bearish, usa switching blends should also increase stockpile barring offsets from exports. a review of currencies also put oil as bearish and metals are ripe for a fall. all these things show usa at a critical juncture which...

JeffBarlow

oil to 42.67 than back to 57 depending on news

JeffBarlow

as seen friday bullish move was completely rejected, and market closed at a major tipping point barring any bullish news i expect market to continue down into the 40 region or until opec meeting and hot air impact