OPEC’s Party Was a Bust

OPEC+ threw the party they said they would. Everyone was talking about it. But, nobody came.

CL and RB had already celebrated in the days leading up to the meeting and we were left with a non-event with CL stuck at a channel top and RB slamming into its 50-day MA.  Might there be an after party?

It matters because the 10Y is in a dicey position – bouncing off its TL, but without a clear engine for more upside.continued for members


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