Oil bounced perfectly off the $38 level, which was once resistance, now support. If oil can continue to climb higher, expect the market to hold its ground here.
Here’s a current look at Crude:
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Note: The last time we had a three day weekend, the market ran with no stop. Could we see the same into quarter end?#windowdressing
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Great sell on $VMW. I was holding out for $54-55. Looks like it’s back to test some support here though. Think it’s worth a hold at this point or cut and run?