How far the oil will drop to? $16.73

Many people ask me what price of oil could drop to?

Here is my calculation: current oil price 38.12 - the price will drop in near future 21.4 = $16.73.  this is the bottom in normal technical condition.

 

Happy Christamas!

12-25-2015

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• but now it seems ready for rebound, may be back to $38 -GuestNewBoy- ♂ (0 bytes) () 12/25/2015 postreply 14:10:07