Replies to post #658651 on Zeev's Turnips Patch-No Politics (ZEEV)

[borusa]

I have to wonder what shape thing will be in if oil reaches 80 while the economy continues to fail, if it does keep falling. Hope I got this image right, looks like channel break down:


More here: http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2010/08/19/Crude_Oil_Falls_on_Abundant_Supplies_Gold_ETF_Holdings_Follow_Price_Higher.html