Gundlach says technicals call for short-term bottom in oil today

Discussion in 'Technical Analysis' started by ForexLive, Jan 12, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    He says as oil trades just above $30.00 Jeffrey Gundlach is on wires saying technicals call for a short-term bottom in oil today. The current price for WTI Crude is trading at session lows just above the psychological $30.00 per barrel (low at $30.04). IT may bottom but where? The high today extended to $32.23.

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