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Another down week

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 11, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Another down week, WTI lost $3.88 and Brent $3.73 and this morning the former is down 51 cents and the latter 96c. The net short positions in crude registered another record high and at the moment I see no reason to suddenly become a bull. There are a frightening number of technical support levels around here and every moment looks like being a Bollinger moment. The stats on Friday should have helped, the non-farm-payroll came in at an impressive 292/- which should have pleased the Street but

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