Yeah I saw the unemployment report, did you see the breakdown of it? How a majority of the unemployed were college students and teenagers? Makes sense considering they all get out of school usually in May (I got out May 5th).
If this meeting with the 8 countries can force more supply for oil, then oil will be down and DOW will be up.
Alot of Ifs and buts. I HONESTLY, don't think we go under that 127.5ish though.
By the way I'm not knocking your bearish opinion. Soon we will begin to see the interest rate drops start kicking in, although oil is high, so who's to say what's gonna happen. Just have to watch and see, and its hard for me to even base an opinion due too all this mess lol
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