IKN

Take physic, pomp

Chart of the day is…………

…..crude oil via the WTI contract, three year chart.

I have no special comment for this one except for “WOW, I never thought it would get so low”. And as WTI is somewhat the cream, most other crude contracts are much lower than this one. As an example, I note MidEast crude at $33.52 right now.

I’m glad I’ve never tried to play this market, as I would have been wiped out seven times over these last few weeks.

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