Friday, January 6, 2012

Mid session Crude WTI chart

5 min CL
Each one of the red legs down you see coincided with weakness in the euro and the printing of a new year low for 6E. 1.27 looks like a reality in the euro today though 101 is holding firm in CL. equities are melting up seemingly belligerent to the dollar strength.. though it makes more sense now with a stronger jobs report.. not such how much validity this bullshit jobs reports have.. but