From the desk of Steven Strazza @Sstrazza and Ian Culley @IanCulley
As we near the close of another month, crude oil is once again front and center.
At the end of October, black gold was ripping to new seven-year highs while interest rates rose and cyclical stocks kicked back into gear.
Today, this picture has dramatically changed.
Crude oil is currently about 20% off its highs, as prices have collapsed back below our risk level.