【HiLo Big Gray’s Morning Brief】10/21 · Commodities & U.S. Stocks (2/2)
XAU continues to trade range-bound at low levels. CL tested levels near 101 at its high yesterday before pulling back sharply. It is still attempting to move higher, and is expected to remain elevated for a while in the short term. There is still room above 100, so watch whether the upward move can continue.
For U.S. stocks, QQQ and SPY stabilized and rebounded, helping the three storage giants to stop falling and recover. Several cryptocurrencies also showed signals of a low last night and are now in the process of rebounding. Going forward, we can continue to watch whether these low signals play out and how strong the rebound is.
#HiLo大灰哥早报 #黄金 #原油 #U.S. Stocks
XAU continues to trade range-bound at low levels. CL tested levels near 101 at its high yesterday before pulling back sharply. It is still attempting to move higher, and is expected to remain elevated for a while in the short term. There is still room above 100, so watch whether the upward move can continue.
For U.S. stocks, QQQ and SPY stabilized and rebounded, helping the three storage giants to stop falling and recover. Several cryptocurrencies also showed signals of a low last night and are now in the process of rebounding. Going forward, we can continue to watch whether these low signals play out and how strong the rebound is.
#HiLo大灰哥早报 #黄金 #原油 #U.S. Stocks