WTIC Oil, monthly'2, rainbow
Summary
*Stockcharts remains offline...
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Oil remains an interesting one, stuck in an ever tighter trading range. Those touting for inflation - due to the Fed printing, really ought to remain mute until we see a clear monthly close above $110. Similarly, the doomer deflationary bears nothing to get excited about unless Oil slips <$90..if not a more decisive $80.
In many ways...the Fed - and OPEC, probably have Oil prices just where they want them.
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VIX update from Mr T.
*I continue to hold WFM, and it is seemingly still okay, despite the fact that yours truly has bought into it.
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time for a spicy lunch