Oil is not going back to $100 for a very long time

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Outlook: We often note that supposed correlations of one financial asset to another are wonky and unreliable, like the euro always rising when the S&P falls or even the CAD being joined at the hip to oil. Most of these relationships are false and fleeting. The only one with lasting power is the Nikkei and the yen. But there is an exception to the rule of being skeptical about correlations, and that’s when a couple of markets get hysterical at the same time. That’s when the supposed

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