"The markets have been contained and everything is tethered to what people think that the Federal Reserve is doing. I am glad that I am not a macro trader. Most price activity is random and regressive around value. The market is trying to determine what value is currently. Natural gas is the anthesis of what we are seeing as it is as vertical as the market ever gets. For crude oil, I would look at around a $72 price target," says Tom Alexander.
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17 Feb 2023
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