Is the Oil Bottom In? Reflections on Value, Volume, Other Ideas
Thursday, January 7, 2016 11:00
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by Mike “Mish” Shedlock
MISH’S Global Economic Trend Analysis
Oil swooned again yesterday, from $35.97 to $34.15. It’s down again today.
Were the month to close here (charts below captured yesterday), this would be the lowest monthly close dating all the way back to December 2003.
Crude Monthly Chart
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Source: http://financialsurvivalnetwork.com/2016/01/is-the-oil-bottom-in-reflections-on-value-volume-other-ideas/?utm_source=rss&utm_medium=rss&utm_campaign=is-the-oil-bottom-in-reflections-on-value-volume-other-ideas
