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S&P 500: Stocks, Oil Regain Poise After Initial Wobble Post Oil Data

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

  1. Kaitlin

    Kaitlin Forum Member

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    U.S. stocks and crude oil prices were quick to bounce back from the initial wobble in the immediate aftermath of the official US weekly oil inventories report from the EIA as traders (and algos) responded to the headline build of 1.31 million barrels. Clearly this wrong-footed many speculators who had[​IMG]

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