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02/17 Crude Oil Cycles #Oil

Friday, March 17, 2017 6:41
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Crude Oil CyclesA secular bottom in crude oil, one that sends long-term cycles to extreme concentrations, is still years away. While recent rally has awaken the commodity and economy bulls from their slumber, it must be treated as consolidation/profit-taking against the long-term down impulse.Maintaining a rally beyond the short-term in markets swapped by supply as the global economy weakens is…

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Source: http://edegrootinsights.blogspot.com/2017/03/0217-crude-oil-cycles-oil.html

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