Good morning STB!
AI is starting to develop itself. Faster and faster. Terrifying.
Good v evil
On to the lie -
Minis off 60. My next diagonal support is close to 6400. 6550, 6525 are price support. 6482 is the 50wma, that’s probably the most important support number left. 6350 is my LT rising channel center line close to the 100wma, you are allowed to panic if that cracks. If they don’t get oil moving quickly, storage facilities fill up and they have to shut down wells. Those take years to get flowing again, so time is important. On the other hand, a collapsing global economy doesn’t need nearly as much oil. PC and banks in real trouble. Stagflation worst scenario. I don’t think the 10yr goes back under 4%, and the 30yr has a blockade of support at 4.75.
Possibly the best YT channel you can follow.
https://youtu.be/-S3O-hgo1ko?si=i6SWFef2kyIfhJYs
Have a good day.
GL and GB!
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