RE:Condy Now Trading Closer to WTThanks retiredengexec -
This is all good news. This is most likely leading to the rally we may see unfolding next week. Hopefully it transpires and sets a bottom in place.
Now we just need Oil to close above 52.43 (year end) which currently we are trading just below that and on support. This is critical otherwise we enter full blown bear market for oil and most likely will spur a huge selloff. If we close above than we should see the market continue on the upside over at least the next year.
One moment I am cheering then next tail between my legs, cheering / tail between my legs.
This has to be one of the most exhausting trades ever.