Gulf Stocks’ “Death Cross” Suggests Crude Slide Has Legs

Monday, October 31, 2016
By Paul Martin

by Tyler Durden
Oct 31, 2016

After 7 straight days up, Middle East stocks sank overnight on the heels of dashed hopes of an oil ‘freeze/cut’ deal. The end of the dead cat bounce coincided with the formation of a “death cross” in Bloomberg’s GCC 200 index which did not end well for oil or stocks the last two times…

The Rest…HERE

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