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Crude Oil Surges, But Talk of a Bottom Premature at this Stage

Discussion in 'Technical Analysis' started by Kaitlin, Jan 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The price of crude oil has managed to rally significantly in percentage terms since hitting a low sub $28 in mid-week. Since Brent hit a low of $27.10 and WTI $27.50 on Wednesday, the two major oil contracts were some 13-15 per cent better off at the time of this[​IMG]

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