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Oil Outlook: Bearish view remains following October's sharp sell-off

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 28, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Darren Sinden, Market Commentator for Admiral Markets, joined Nick Batsford on the Tip TV Finance Show to discuss the bearish future for oil. What next for the global economy? Sinden noted that the end of October will see greater clarity for market direction following the BoJ and the FOMC meetings. He continued that the obsession with cheap money will continue, and will buy the global economy 3-6 months of upside. Oil Outlook Sinden highlighted that October has seen a sharp sell-off in WTI,

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