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Jfielder_strat
Jul 19, 2022 6:16 PM

The final pump in oil? 

Crude Oil FuturesNYMEX

Description

Oil is pulling into trend resistance. With weak growth data and the Fed set to hike next Wednesday, this may be the peak in oil, as for yields.

A break in oil could be just what Stocks are looking for, considering stocks have already priced in recession.
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