Here we are, a greek crisis, a rate hike surprise and 4.33 Weeks Later…
March Oil is above $77 USD, March 30 year is below 118, and March Gold is above $1100 / oz…
For this week…April Oil (Currently at $80.13) sees $79 before it sees $81…as models are adjusted against higher short term rates, and traders take profits. On a strong enough move to $79, we could see $77.50, by end of the week.