WTI Crude just broke below $47 for the first time since May 15th, down 10% from its highs a week ago. This is the 6th straight down day for crude and leaves black gold at the intersection of 2 critical technical support levels…
6 days down in a row…
Leaving WTI at its 50-day moving average and 200-day moving average…
Is this “unequivocally good” or not?
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