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Daily Pivot Points
Major Daily Events Thursday
Initial Jobless Claims
@HeidsterTrades Daily Commentary - 6/22/2017
Good Morning, oil prices are flat at the moment. Had a decent drop yesterday after an EIA report that did not look all thaaaaaaat bad. Now that OPEC has torched themselves for a bit, sentiment has been pretty negative since they were the ones propping up the market since the low spring 2016. Rumor has it some Nation sized hedging has not yet been finished either, that could be playing a large role in the sell recent patterns. Other than that even the news seems to be at the beach at the moment. Targets to the upside are; 43.12, 43.66, 44.26 and 44.46. To the downside; 42.24, 42.04, 41.63 and 41.44. Have a great day!!!!!!!!!!!!!