Putting Crude Oil’s recent gains into perspective

A choppier period for Equities looks to be approaching and might result in SPX weakness in the back half of June. At present, short-term trends in US Equities remain bullish and lie within 2% of all-time highs. While a rally over February peaks should happen this Summer, my thoughts are the period between now and early July could allow for some consolidation ahead of a move back to all-time highs. This would gel with weak seasonality trends ...

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