Suddenly at the end of the day, everything rebounded that surprisingly reducing short sellers profits. Hence, it might be a technical rebound that after days of black. But, for your information that underlying like Crude Oil didn't affected by the market said OPEC, that they said this declines is just a psychological decline. Which might be quite true, let's see today...
As this morning CL has dropped to it's support level at $70s & finally rebounded.
Futures are greening at the end of the day...
Tomorrow might be an optimistic day, but still we must be quite careful as this might be a bull-trap.
Happy Investing^^
Disclaimer ON!!!
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