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Month: May 2019

WTI – direction south

WTI has retraced from the highs made in April and has been stabilizing near $61.00 a barrel. News that two Saudi oil tankers were damaged from an attack led to […]

DAX index price action


European equities opened on softer mood  following the negative sentiment spilled over from Asian stock market and US  e-minis which are down by more than 1%. Last week US-China trade […]

SP500 charts and the “art of deal”

Monday started with huge sell-off as Trump’s tweet sent stock markets into deep fall. Other risk assets were also hammered in the face of Trump’s threat to    increase tariffs […]

WTI Crude Oil – tactical sell

WTI is playing around  63.30 during the early Asian session this morning.  A day earlier, the EIA released the US crude oil stock report (dated to the week of April […]