Market Overview

Crude Consolidating at the Close

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Will Crude Futures Flip Into Backwardation? (Seeking Alpha)

Despite taking out Thursday's low (105.56) and trading as low as 105.18, Crude futures are attempting to clear the close at 105.86. If it can clear the intraday high (106.11) there may be minor resistance at 106.50.

Posted-In: Futures Technicals Commodities Intraday Update Markets Trading Ideas


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