17.10.2013 - Are crude oil prices setting up for an autumn bottom?
As global equity markets continue a strong move higher into Options Expiration week, something seems to be missing. Yup, Crude Oil prices aren’t playing along. In fact, Crude Oil has been mired in a steady grind lower, unaffected by the wild swing in equities. So, what’s up with the black gold? Well, relative weakness in Crude Oil prices seem to be telling investors a couple things: The short-term rush higher in equity prices may be fleeting. Crude Oil isn’t quite ready for prime time… yet...............................................Full Article: Source
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