Weak corrective move
הערה:
In any way, low 50s is achievable in the summer, to make another lower high at least
הערה:
Essentially, the reflation wave then implies sharp moves up while in between prolonged consolidation
הערה:
First upleg was 4 months Feb 2016-May 2016, followed by many months now of consolidation in a range
הערה:
47 was reclaimed which is good
הערה:
Solid uptick today
הערה:
Working quite nicely. Lets see next week with Opec and Iran
הערה:
Net spec positioning is neutral, has been cut down significantly