ARTICLE SYNOPSIS...The AMEX Oil Index (XOI) looks to have additional downside potential in the near-term but I would consider a further pullback an excellent buying opportunity.
ARTICLE SYNOPSIS...In this article, we examine the market structure of a Gap Higher Open in the WTI futures market that resulted in a continuation of the rally to 73.04s on Tuesday, December 7, 2021. Market structure provides insight into the market's dual-auction pri