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Crude Rally Gathers Pace But Stocks Fail To Respond

Discussion in 'Technical Analysis' started by Kaitlin, Aug 19, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Crude's rally gathered pace on Thursday, with Brent oil surging through the $50 hurdle and WTI climbing above $48 a barrel, as we highlighted the possibility in our oil report yesterday. So far however, US equity indices have not followed oil higher, which serves as a reminder that correlations can[​IMG]

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