Oil update

oil dec 23 2014

Here we have the futures  (this time G which is february, which trades about 50 beeps higher than the january one when it matured). So far at least, the idea that this might be a triangle looks pretty plausible so a 5th wave down may still be in the offing. Now that the Saudis have made it clear that they might stick to this course even if the stuff drops to $20.