SEA 0.00% 16.5¢ sundance energy australia limited

Oil up 5c overnight...second day running...the floor may be here...

  1. 2,614 Posts.
    Oil up 5c overnight...second day running...the floor may be here or close ??...any signs now from OPEC of a reduction should produce a bounce...looks like the traders have got their margin calls back in order for now..

    If it was trader induced panic based on margin calls rather then fundamentals, then its well oversold and should start edging back up ...
 
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