- Russia and Saudi agreed to maintain record output levels
- “Agreement” contingent on Iranian participation
- It’s very difficult to conceive of a Saudi quid-pro-qo with Iran, that would secure Iranian support
- Nearly all non-gulf OPEC members – Russia included, cannot actually cut production for financial reasons
Here comes next leg higher in $cl_f selling more $USDCAD https://t.co/msk64TEVgK
Here comes next leg higher in $cl_f selling more $USDCAD http://pic.twitter.com/msk64TEVgK
— RAS (@simonsays452) December 31, 2015
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RT @zerohedge: Global crude storage capacity rapidly approaching https://t.co/3q32vUxmqN https://t.co/AdO8pAg2Ln
Global crude storage capacity rapidly approaching https://t.co/3q32vUxmqN http://pic.twitter.com/AdO8pAg2Ln
— zerohedge (@zerohedge) December 30, 2015
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RT @zerohedge: Global crude storage capacity rapidly approaching https://t.co/3q32vUxmqN https://t.co/AdO8pAg2Ln
Global crude storage capacity rapidly approaching https://t.co/3q32vUxmqN http://pic.twitter.com/AdO8pAg2Ln
— zerohedge (@zerohedge) December 30, 2015
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$CL_F might not have much more room to the downside today below 36.55, given $ES_F ‘s decoupling. https://t.co/E8BhdDQJYr
$CL_F might not have much more room to the downside today below 36.55, given $ES_F 's decoupling. http://pic.twitter.com/E8BhdDQJYr
— RAS (@simonsays452) December 30, 2015
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Nice $SRPT move on solid volume. Today’s new cyclical high should usher in >2% follow-through, 2moro. See analysis: https://t.co/WKlD7I6ZPg
Nice $SRPT move on solid volume. Today's new cyclical high should usher in >2% follow-through, 2moro. See analysis: https://t.co/WKlD7I6ZPg
— RAS (@simonsays452) December 30, 2015
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$EURUSD chart: EUR shorts, stay away. Poised to bounce back to 1.0600. https://t.co/7E94wi65K3
$EURUSD chart: EUR shorts, stay away. Poised to bounce back to 1.0600. https://t.co/7E94wi65K3
— RAS (@simonsays452) December 30, 2015
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Nice momentum in $USDCAD this morning. https://t.co/9KyjNEYwKc
Nice momentum in $USDCAD this morning. http://pic.twitter.com/9KyjNEYwKc
— RAS (@simonsays452) December 30, 2015
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$USDCAD chart: CAD Tracks Oil, looking for a breakout here to 1.4100. https://t.co/hRVZQ2GgNx
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$MCD chart: $MCD a beast today, testing important resistance. https://t.co/FuXMdb8De1
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simonsays452 