Expect market to drop by -4.00% but we could see a bullish steal at the (-0.70%) mark @($57.64) then retry to break the higher high @($59.00).
or this situation can be reversed market heads toward the (+0.70%) then drop.
ECN release analysis:
due to CPI being stabilized & inflation in a bearish state combined with a bullish PPI expect prices to drop and ECN deviations stay below pivot points.
or this situation can be reversed market heads toward the (+0.70%) then drop.
ECN release analysis:
due to CPI being stabilized & inflation in a bearish state combined with a bullish PPI expect prices to drop and ECN deviations stay below pivot points.
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