Oil prices continue its strong start to the year
![](http://az705044.vo.msecnd.net/20180111/0-11-1-2018-6-49-12-pm.png)
"Fundamentals" or not, oil continues to make strides after breaking out of the December wedge that I highlighted back then here.
It took out $60 with ease, and since then it hasn't looked back. Seasonally, January has not been a good month for crude:
![](http://az705044.vo.msecnd.net/20180111/11-1-2018-6-52-55-pm.png)
Out of the last eleven years, it has only gained twice for the month of January. But as of today alone, it is already up nearly 6% on the month.