my concern is that feb contract 77.07 low on sunday eve
will it retest i dont know but its a magnet.
euro is getting hammered but cl is flat which is positive for crude. any up move in euro will cause cl to move higher.
What happens if there some terrorist attack in europe which would cause both the dollar and gold to go up because gold is safe heaven and anything bad for European economy will cause dollar to rise.
just throwing cautionary ideas..