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The rally has of course been flattened by the Scum Algo’s.
The Oil mkt is now learning what life is like under the Scum Algo’s…..where all bullish news is squashed and any bearish news magnified out of all proportion.
Last Fridays near 6% fall @ the close, was a classic case in point, when set against a back drop of the first stages of a potential war between Saudi Arabia and Iran. Tdy we see more of the same.