
Stocks Slump Ahead of Big Week For Markets 12/9/22
CNBC's "Fast Money"
00:00
Energy
WTI crude US benchmark price is getting within eight cents of breaking below 70 bucks a barrel at one point today. The chart master here, called for this move just about five weeks ago when he downgraded the overall sector for energy from overweight to an outright sell. So where does he think energy is heading now? Let's bring in Carter Braxton worth of worth charting. He says we have a perfect double top and ultimately we'll get back to the uptrend line in effect since 2020.
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