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TWIFO 331: Rollicking Rates, Evaporating Equities and Flourishing FX

This Week in Futures Options

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Oil Markets

When we get up to eighty two you start seeing those shadows on the highs on a candle chart which imply from my point of view what i call behavioral japanese candles it implies sellers at those higher levels and around seventy dollars that we saw about a week ago. What we also see with crude oil on the global front is a shift in supply  in Russia basically it's been kind of somewhat cut off from Europe at this point well where did that then crude oil production at the big deal to their budget and where they're going.

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