Normally, after tensions between Iran/Iraq and the US flare-up, Oil and Gold rally quite extensively but reversed sharply lower by the end of the session. Yes, Gold is 1% higher today and was up over $35 overnight, but Crude Oil has actually moved lower today which is a fairly strong indication that...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
01-07-2020
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Filed under: USO, oil, market, Stock, ADL, crude, US, trade, iran, energies, TTL, attack, missile, iraq [Edit Tags]
The US Stock Market contracted in early morning trading on Friday, January 3, by more than 1% after news of the missile attack in Baghdad targeting a top-level Iranian military General and others. After the attack on the US Embassy in Iraq last week, President Trump issued a strong warning that the US...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
01-06-2020
Filed under:
Filed under: market, Stock, ADL, China, US, canada, global, news, TTL, crash, attack, strike, missile, selloff, general, iranian [Edit Tags]
We’ve been watching the markets today and over the past few days after the Saudi Arabia attack and are surprised with the real lack of volatility in the US major markets – excluding the incredible move higher, then lower in Oil. The real news appears to be something completely different than...