Closed up a PENNY! A look at $100 Oil tomorrowMust of read my post when I said that 15Mil shares were traded and couldn't close up a penny. Well your locked into ATH now and there's nothing that you can do when Oil will at $100 before the market opens.Maybe it'll be at $101
Oil will be at $100 tomorrow, just look at the sell off. Oil went from $104.32 at 1pm to $101.80 at 2pm and is now at $102.26 so tomorrow traders will start to unload Oil before next week and next week is going to be hell for commodities. There's no escaping a global slowdown and Oil should never have been over $100 this week but traders had it made with no US data and today was a classic pump and dumping of Oil.
GLTA