#oil
Treasury Sec. Bessent says we are on the "other side of the energy shock". The price action needs to confirm that claim.
The technicals in the price of crude oil futures continue to tilt to the upside.
One of the most important lessons I learned early in my trading career was that price action needs to help confirm the fundamental story. A story can sound convincing. But for traders, the question is practical: Is the market moving in a way that supports it?
Treasury Secretary Scott Bessent said during an appearance on 2WAY TV that we are on the “other side of the energy shock.”
Treasury Sec. Bessent says we are on the "other side of the energy shock". The price action needs to confirm that claim.
The technicals in the price of crude oil futures continue to tilt to the upside.
One of the most important lessons I learned early in my trading career was that price action needs to help confirm the fundamental story. A story can sound convincing. But for traders, the question is practical: Is the market moving in a way that supports it?
Treasury Secretary Scott Bessent said during an appearance on 2WAY TV that we are on the “other side of the energy shock.”