Outside Markets Take A Win For The Week January 13, 2023
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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Allendale Insider
Allendale Insider
On The Go
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Market Movers
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Possible light fund short covering yesterday
December 6, 2023
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Funds sellers of 21K, slightly higher support due to exports
December 4, 2023
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SA maps still look solid for rains in the 10 day
December 1, 2023
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Trade expects strong exports and more 8 AM announcements
November 30, 2023
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Open interest continues to fall drastically
November 29, 2023
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