Crude, the Loonie and Oil Services Index for 2014

Posted on December 29, 2013     Leave a Comment

the chart below shows the Oil Services Index $OSX (candles) w/ USDCAD (inverted/line) overlaid on top … some observations: when the blue line (Loonie) is going down it is weak.  when the blue line (Loonie) is going up it’s strong … at most inflection points, the $OSX and Loonie are synchronized nicely. however, for most […]

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