iBankCoin
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Joined Apr 1, 2010
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A Crude Summer

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Into the closing bell, check out the carnage in crude oil.

I suppose inflation is on hold for now, as perhaps slowing growth in the U.S. and a renewed slowdown in Europe is taking hold.

Either way, the daily chart ETF for crude is sporting a nasty head and shoulders breakdown.

See you after the bell for my video recap.

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USO

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2 comments

  1. bluestar

    A great deflation is coming.

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  2. bear54

    Chess
    Do you see more downside for crude ?

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