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Home > WTI Crude Soars Above $47 As Algos Finally Read DoE Report

WTI Crude Soars Above $47 As Algos Finally Read DoE Report

By Tyler Durden
Created 09/16/2015 - 10:18
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 09/16/2015 10:18 -0500



 

It appears the machines decided to read the whole DOE report after all... [3] and run some more stops.

 

WTI is up over 6% - back to 2 week highs

[4]

 

Seemingly running stops again...

[5]

 

and as goes crude, so goes US equities...

[6]

 

Charts: bloomberg

 

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Source URL: http://www.zerohedge.com/news/2015-09-16/wti-crude-soars-above-47-algos-finally-read-doe-report

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[3] http://www.zerohedge.com/news/2015-09-16/oil-slides-despite-inventory-draw-and-crude-production-dropping-6th-week
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/09/20150916_cl1.jpg
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