last two weeks we’ve had overnight spikes in crude and stocks. Crude would give back gains by US am open and stocks would follow suit
Today diff. Early stock weakness, crude strength and crude holding
crude leading stocks
#WTI $CL #OOTT
$Es $nq $spy $qqq $spx #es_f
#VIX
From last night “Geopolitics just adding fuel to the fire”
Many conciliatory headlines hitting tape right now and crude bid
This rally has absolutely nothing to do with Ukraine and Russia. That’s natty. Wake up!
$USO gonna print 80
#WTI $CL #OOTT
5969 SPX cash is the level
We get back above, prices will rise. A close above, and I expect bullish continuation tomorrow am
While under, pressure. And if we close under 5969 cash expect more pressure into tomorrow am.
Now 5960
$Es $nq $spy $qqq $spx #es_f
#VIX
5969 SPX cash reclaimed rather quickly…this is bullish. Don’t fight it
Stay long if we close over it. Get some hedges or cut some risk if we don’t. 90 minutes to go
$Es $nq $spy $qqq $spx #es_f
#VIX