CL Term Structure Support And NQ Pullback
Very active bullish overnight in the index markets. Downward reversal areas held as support especially the 6599/94 area in the NQ. Crude oil after the inventory rejected a lower price move and having a already bounced off term structure high the buy gap put us long. Market went on a stop run but could not follow through on the bid. Pre-market CL trade was not part of the room hours therefore not counted.
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