Oil update

oil dec 23 2014

Here we have the crude oil futures  (this time 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.