Geopolitical Event Over the Weekend
We need a geopolitical event of some type over the weekend that will cause oil to trade higher. Otherwise the oil rout will continue, IMHO. The tide has to change sooner rather than later. Too many things have been coming to the forefront that are bad for oil and commodities. It is time for something positive come to the forefront. I am holding my first position, even though I am skeptical about where the oil price might be while our markets are closed. It is risky, but with no risk, no reward.