The Day Ahead: AM Edition 2022-06-30
A scary open but a decent bounce out of support for equity indices
Crude Oil
Let’s mix it up and start with crude oil this morning. Nice to see the push lower this morning which is a positive for the bearish forecast. The only wrinkle so far is that we have yet to get a clear five waves down from the high yesterday. Best bears hold CL under 108.80 and force a new minor swing low around 103.65 or 101.40.
Keep reading with a 7-day free trial
Subscribe to Trading On The Mark to keep reading this post and get 7 days of free access to the full post archives.