$CL crude $21 line in sand Short

NYMEX:CLK202060

Crude Oil Futures (May 2020)NYMEX

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⋅ Mar 23, 2020 3:34 PM

Yeeesh. If price accepts below $21 (blast zone) look out below. Doubtful the Fed would be able to prop up the high yield corporate bond market if that happens.

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