Outside Markets Take A Win For The Week

Outside markets are going to call this week a win. The stock market is now 14% off its lows from October. Crude is trying to the end the week $10 off its lows from December. Crude oil, using the continuous daily contract, has a well-known downtrend line drawn from 6/14 and 11/7 highs. That line, acting as resistance, was at 80.10 today. For Tuesday's trade it will fall to 79.81. Crude may be ready to argue for stable prices soon rather than a clear downtrend. Part of the help this week was Thursday's Consumer Price Index report

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