Oil was down $1.5 this morning several hours ago Now only down 50 cents Oil 37.08 -0.51 -1.36 such a steep and sudden rebound could constitute a double bottom from the lows made 3 weeks ago. Also energy and commodities have been hit this hardest in the past week ad deserve to rebound considering energy output has only fallen very little in the past 6 months but supply keeps getting cut.
Is this like your call that futures were rising last night and it was going to be an up day? Like your call the last few days?
United States Oil Fund LP (ETF) United States Oil Fund LP (ETF) NYSE USO 31.77 +1.12 (3.65%) 575.04M iPath S&P GSCI Crude Oil Total Return iPath S&P GSCI Crude Oil Total Return NYSE OIL 21.49 +0.83 (4.02%) 820.68M oh yea..another good call..werd