Jim puts on his winter hat.
The January WTI (CLF25 ) trading session settled at 68.75 (-0.49) [-0.71%] , had a high of 69.96, a low of 68.64. Cash price is at 69.44 (+0.28), while open interest for CLF25 is at 366,848. CLF25 settled...
Well, it appears at the close today that both longs and shorts, and those wanting to be long or short, of those not wanting to be long or short, were collectively holding their breath for the next shoe...
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WTI Crude Oil futures finished nearly unchanged yesterday after an initial rally tied to conflict escalation in the Russia – Ukraine war.
E-mini S&P and E-mini NQ futures roared off the lows yesterday in a quick shift from pre-market risk-off, amid escalating geopolitical tensions in the Russia-Ukraine conflict, to an intraday risk-on.