expect more pain tomorrow Sundayroast. thats what the technicals tell me. even £1 may not be a good buy..chart looks horrible. remember how Premier struggled to break 87p? who knows could be back down there soon.
something is spooking the markets. VIX index still quite high, futures are pointing to a lower open. may see some good buying ops. tomorrow with it being a Friday.. Tullow Oil did quite well today vs PMO.
USD rising today, its not helping the brent price. technicals for oil still point to more downside though we may see a wee bounce before back down again. SP bounced a wee bit now to 106p. maybe that is tops for today??