[quote=hisah]Brent oil about vault into breakout! Expensive oil back on the radar

Yet again oil will crash the markets esp now that the euroland recession is unfolding with a debt bomb to boot.

Techies & chartists, check out the 2yr brent chart and look at the falling trendline. $125 will get tested soon.
And such news obviously adds fuel to the impending breakout.
http://www.usatoday.com/...rael-nuclear/52956282/1[/quote]
On course to testing $125... Euro debt bomb, high oil prices (inflation), global GDP slowdown, global protests/civil unrests, overbought US equity markets on vapour volume... Indeed, a cocktail lethal mix this

Many monkeys coming soon this yr.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!