President Trump has called off the war dogs.
Trump was to meet with the War cabinet tomorrow regarding the next attack on Iran, but Trump is posting that the Crown Prince of Saudi Arabia and the Pres. of the UAE, asked him to hold off on the planned military attack citing serious negotiations are now taking place.
Crude oil is back down to $102.37 currently. That is down from $105.21. The price is still above the 100 hour MA at $101.23 and the 200 hour MA at $98.92. There is a swing area between $97.34 to $98.58 as well. Get below those levels and stay below, and we can talk about the potential for more selling.
This article was written by Greg Michalowski at investinglive.com.
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