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Brent bulls may get up off the mat, but bears still dominating

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 21, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    It looks like traders may have dipped into the eggnog a little bit early, as markets have been extremely groggy so far today. Of course, this is historically one of the slowest weeks of the year as traders tend to focus more on last-minute holiday shopping and travel plans than the generally lackluster markets. One of the markets that actually is showing a bit of volatility is oil, with the Brent crude contract dropping down to hit a fresh 11-year low near 36.00 this morning. Rather than any

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