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S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
83.13
(
0.00%
)
Bitcoin
64,156.16
(
0.25%
)
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researcher59

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Re: SSKILLZ1 post# 52382

Monday, 08/13/2018 12:44:29 PM

Monday, August 13, 2018 12:44:29 PM

Post# of 112737
Thanks SSK for your calculations - BCEI does look oversold and it's hard to envision oil dropping much below $60/bbl, although commodity prices can be volatile and unpredictable so it's certainly possible. The crude oil futures are currently backwardized and predict oil prices $3 lower going one year out.
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