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Brent is Showing Signs of Turning Higher Again


Friday June 27th, 2014
Brent is Showing Signs of Turning Higher Again
by Mike Paulenoff www.MPTrader.com

Brent Crude Oil (BNO) has climbed off of its intraday-- and 8 session corrective-- low at $112.90 to $113.69 so far this morning.

It is starting to look like Brent has ended its correction from $115.71 to $112.90, which if accurate, also suggests that a new upleg likely is in progress that should propel Brent to a new high above $115.71 towards $117.00 next.

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