Daily Energy Report – Wednesday 06 July

Note: the price action for crude and products is again outside the lower bollinger band. If the bears can not shake off the short-term overextended condition and keep the slide going some congestion, even a snap back to the upside is possible here. Inclined to treat any such price action as corrective for the moment ... hence the trends for Wednesday.

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Daily Financial Report – Friday 17 June

Equity Traders beware the DX Index and UST Rates. While there is little evidence to support the case for a bottom in equities further downside in the USD and UST Rates could easily spark a sudden snap back to the upside... Bears proceed with caution.

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