Oil Looks Too Ugly

August 17, 2015

NYMEX crude oil futures broke below the March lows last Friday and ended the week just above that level. All of the data, fundamental and technical, now point to a continuation of selling. In my latest work for Seeking Alpha I examine the current state of the price of crude oil and explain my reasoning that oil could look too ugly here to go much lower and could present a real contrarian opportunity.

Article: Oil Looks Too Ugly

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities.

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