Oil prices crashing hard WTI hit a low of 82.085 price not seen Jan 21. Where the bottom is traders looking for a bounce are asking as the future is looking bleak worldwide. Break below 81.00 may see more downside but if this holds then Thats where i will position a stop and go long with a target 0f around 88.00 short to medium term. Either way the volitility is just awesome with a near 10 dollar swing down in less than 2 days.
