Morning update:
June 11 (Bloomberg) -- Crude oil rose more than $4 a barrel after a U.S. government report today showed that inventories declined more than expected, increasing concern stockpiles may be strained during the summer driving season.
Oil bulls get back above the key 135 level. Equities drop pretty hard, especially NDX and small caps. Critical support is 1940.50 for NDX (50 dma).
June 11 (Bloomberg) -- Crude oil rose more than $4 a barrel after a U.S. government report today showed that inventories declined more than expected, increasing concern stockpiles may be strained during the summer driving season.
Oil bulls get back above the key 135 level. Equities drop pretty hard, especially NDX and small caps. Critical support is 1940.50 for NDX (50 dma).
This entry was posted
on Wednesday, June 11, 2008 at 6/11/2008 12:26:00 PM.
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