All eyes should be on the OPEC meeting and Iran.
Massive bearish speculation and the charts show a bottom could be near.
Yes, consumers have more money. But investment will suffer.

The Fibocall: WTI Futures Real Money Pro($)

Watch for a higher weekly high with an up week to fill up on crude.
Natural Gas made its move, but we don't expect much more.
It's safest to simply ignore crude altogether.
We could see a continued snapback in energy-related names.
Groupthink on a coming oil collapse is, well, just groupthink.
The price will bottom, maybe not far from here.
Just how certain are you that oil has gone as low as it can go?

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