Will Crude Keep its Streak Alive?

posted in: crude oil, Energy | 0

In the last 6 months WTI crude oil has fallen 5% or more on a single day on 4 different occasions and on each of these occasions it has risen the following day (including gains of 5.03% on December 1st, 2014 and 4.55% on February 5th, 2015):

WTI_Daily_4.8.2015

What will crude oil do tomorrow after today’s 5.31% drubbing? Will the streak get extended to 5? We invite you to join the conversation in real time over at chat.ceo.ca