Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities UpdateCrude oil consolidation had continued in recent daysBut, retail traders are building downside exposureIs this a sign that WTI may resume higher next?…
S&P 500, SPX, NASDAQ 100, NDX, DJIA - OUTLOOK:The S&P 500 and DJIA have fallen below key support.The Nasdaq 100 index risks a bearish head & shoulders pattern.What are the outlook and the key levels to watch in the three US…
Market RecapWall Street saw further de-risking overnight (DJIA -1.14%; S&P 500 -1.47%; Nasdaq -1.57%) amid the absence of bullish catalysts, while elevated Treasury yields, higher oil prices and a gridlock in the US government funding…