Cloudy With A Chance Of Waterfall

9 thg 6, 2022

Not quite a heavily short day yet, as sentiment points still strongly towards bulls, but for the first time in weeks, oils correlation shows bear promise. I expect sideways to down today, with the emphasis on ranging. Tomorrow or next week could be better for bears.
129.44 and 130.50 might offer a resistance zone . On the downside, support may rest at a break point and a prior low at 116.57 and 111. 20 respectively.