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S&P 500: Santa Rally still elusive as stocks, oil tumble

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 14, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    After a positive start, European stocks and US index futures have given up their earlier gains, potentially setting the stage for another ugly day on Wall Street. Unsurprisingly, crude oil is also getting smashed once again after last week’s renewed selling that was triggered first and foremost by the OPEC removing its production quota and then a couple of bearish oil reports from the cartel itself and also the International Energy Agency, with the latter now expecting the excess supply

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