BAL 
$61.00  0.29%  
CANE 
$11.90  0.17%  
JO 
$54.00  1.22%  
NIB 
$36.29  1.65%  
IEF 
$92.46  0.55%  
^UGA-IV 
$67.72  1.58%  
UNG 
$15.67  5.45%  
USO 
$75.13  1.05%  
FXA 
$65.46  0.72%  
FXB 
$120.57  0.11%  
FXC 
$71.46  0.01%  
FXE 
$99.33  0.36%  
FXF 
$98.29  0.58%  
FXY 
$60.49  0.17%  
UUP 
$28.65  0.28%  
CORN 
$20.53  0.44%  
SOYB 
$25.55  0.99%  
WEAT 
$5.87  2.98%  
JJC 
$19.56  1.24%  
GLD 
$212.96  0.08%  

Recession strikes fear in the Energy Market.

Heating Oil, the futures market tied to Diesel has now broken the lows made in September

 

In the face of declining inventories of Crude Oil in the U.S. Energy markets are again under pressure. Today the finished product charts broke old lows put in this fall. This opens the door on the charts pretty far, couple with a Managed Money position that is long and wrong we could see continuation.

 

Commitment of Traders Report
The commitment of Traders report shows Managed Money has long exposure in the energy markets.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RBOB the futures market tied to Gasoline has broken the lows that were made in September.
RBOB the futures market tied to Gasoline has broken the lows that were made in September.
Heating Oil, the futures market tied to Diesel has now broken the lows made in September
Heating Oil, the futures market tied to Diesel has now broken the lows made in September.

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