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MacroVoices #369 Dr. Pippa Malmgren: Perspective on the Further Geopolitical Escalation

Macro Voices

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Crude Oil May 2023 Futures: Volume by Price

The S&P 500 has been in a range bound trade between $39.50 and $4,000 over the past week or so. The next few days are going to be really important for crude oil as it tries to find its way back above that key level. If we fail that area, I think we could push back down to around $3900 or so. And that would be my area of support to look at going forward.

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