HiLo Morning Brief · Oct 21 — Commodities & U.S. Equities (2/2)
XAU continues to trade at low levels. CL reached around 101 yesterday before pulling back sharply, but is still attempting to move higher. It may remain elevated for some time, with room above 100; watch whether the upward move can continue.
In U.S. equities, QQQ and SPY have stabilized and moved higher, helping the three major storage stocks find support and recover. Low signals also appeared in several crypto assets overnight, which are now in a rebound phase. Continue to monitor whether these signals follow through and how strong the rebounds prove to be.
#HiLoMorningBrief #Gold #CrudeOil #USStocks
XAU continues to trade at low levels. CL reached around 101 yesterday before pulling back sharply, but is still attempting to move higher. It may remain elevated for some time, with room above 100; watch whether the upward move can continue.
In U.S. equities, QQQ and SPY have stabilized and moved higher, helping the three major storage stocks find support and recover. Low signals also appeared in several crypto assets overnight, which are now in a rebound phase. Continue to monitor whether these signals follow through and how strong the rebounds prove to be.
#HiLoMorningBrief #Gold #CrudeOil #USStocks