Crude Oil (/CL) Key Level is 65 / U.S. Dollar (/DX) Key Level is 93

I think we are basically trading between 65 and 75 in crude oil (/CL), says Carly Garner of Decarley Trading. She thinks the China story is a big deal, and the equity markets in U.S. are ignoring it. She says China has a habit of manipulating their estimates of how much they need and how much they have, in an attempt to get favorable prices. Carly is looking at the Dollar (/DX) at 93. If it stays below 93, she thinks that is probably supportive of copper (/HG), crude oil, stock indices. If it starts breaking above 93, people will pay attention and that could be a game changer, she adds. She points out that gold (/GC) is seasonal.

Futures

03 Aug 2021

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Crude Oil (/CL) Key Level is 65 / U.S. Dollar (/DX) Key Level is 93

I think we are basically trading between 65 and 75 in crude oil (/CL), says Carly Garner of Decarley Trading. She thinks the China story is a big deal, and the equity markets in U.S. are ignoring it. She says China has a habit of manipulating their estimates of how much they need and how much they have, in an attempt to get favorable prices. Carly is looking at the Dollar (/DX) at 93. If it stays below 93, she thinks that is probably supportive of copper (/HG), crude oil, stock indices. If it starts breaking above 93, people will pay attention and that could be a game changer, she adds. She points out that gold (/GC) is seasonal.

Futures

03 Aug 2021

ON AIR
3:00 am
Your First Trade
replay
12:00 am
Fast Market
REPLAY
1:00 am
Trading 360
REPLAY
2:00 am
Next Gen Investing
REPLAY
ON AIR
3:00 am
Your First Trade
REPLAY
3:30 am
Trading 360
REPLAY
4:30 am
Next Gen Investing
REPLAY
5:30 am
Your First Trade
REPLAY
6:00 am
Fast Market
REPLAY
7:00 am
Futures
8:00 am
Morning Trade Live
10:00 am
Trading 360
11:00 am
Fast Market
12:00 pm
Next Gen Investing
1:00 pm
The Watch List
2:00 pm
Market On Close
4:00 pm
Your First Trade
4:30 pm
Trading 360
REPLAY
5:30 pm
Fast Market
REPLAY
6:30 pm
Next Gen Investing
REPLAY
7:30 pm
Your First Trade
REPLAY
8:00 pm
Trading 360
REPLAY
9:00 pm
Fast Market
REPLAY
10:00 pm
Next Gen Investing
REPLAY
11:00 pm
Trading 360
REPLAY

Get Market Minute

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