WTI Crude MAY Future:
held above sturdy assist at 8000/7950 and sadly we didn’t get a shopping for alternative right here yesterday. Longs right here immediately want stops under 7900.
We shot greater to my targets of 8180/8200 and nearly so far as 8255/75, with a excessive for the day at 8248.
Additional good points are anticipated within the 4-month bull pattern and above 8290 search for 8370/90 as the subsequent goal.
As we speak’s assist is at 8140/8110. Longs want stops under 8070.Targets: 8200, 8240, 8290.
Emini S&P June Future:
: bulls stay in management, with shopping for the dips nonetheless the successful technique, regardless of the market wanting drained and I consider coming into an overdue sideways consolidation.
Additional good points are anticipated on the bullish breakout, focusing on 5221/24 and 5338/42.
Clearly, I stay a purchaser on any weak point within the unstoppable bull pattern.
First assist at 5245/35. Longs want stops under 5225.
The perfect assist for this week ought to be at 5195/85 and longs want stops under 5170.
