Bull and Bear Markets in Oil

Saturday, October 10, 2009


Graph with the duration of all bull and bear markets in the crude oil futures since 2000. Great material from Bespoke. And with this fall in prices seen in the last few days we are just short of entering a new bear market.

This is investment at the velocity of light. What took 3 months to develop, now happens in 3 days. Pretty amazing.

The line of least resistance for oil is now down again.

0 comments:

Post a Comment