S&P vs. WTI

٢١ يناير ٢٠١٦

Since OPEC stopped defending in Aug / Sept of 2015 the S&P has tracked fairly close to WTI. S&P is Area graph. WTI is Candle. Red line is simple weighted moving avg. --- conclusion, I'm thinking a little more downside then a small approx 5% pop, then resume back down to $28 - $27. Perhaps a little lower.