RE: RE: RE: 85.54 in Asian Trade - Putting the MenWho cares about Asia trade oil will have one way to go and that is down. Don't panic the fundametals always win there is so much inverntory and no demand. If you see USD and oil going down together that is the sign oil already topped.
Wishful thinking won't make oil do what you want it to do, nor will it help revive a dying US economy. The USD is becoming less and less important and oil is as integral as ever to an expanding global economy, of which Asia, like it or not, is now the centre... In other words, Asia will dictate where the price of oil heads, not the US or its dollar...
Asia always follow USA trading. This is the beginning of oil correction just hold on to your HOD tight and you will be rewarded. US dollar go down oil go down that was the turning point.