The Day Ahead: Combined Edition 2022-08-22

Equity indices soft, crude trying to hold a higher low

Aug 23, 2022

∙ Paid

Crude Oil

Let us start with crude today as one, the contract is rolling forward, and two, there has been some OPEC news this morning. When we left off last week, forecast was for a small retrace. Well, the retrace came but was a little deeper than I expected as it spiked close to the prior low before bouncing hard on the OPEC news. I’m penciling that in …

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.