Oil’s breakout and US Markets outlook
Joel Elconin, Co-Host of the Benzinga Pre-Market Prep Show joins me to share his thoughts on the pop in oil to levels note seen since 2018. We discuss what is driving this move. We also look at the US markets broadly to assess if the next move will be a breakout higher. Volatility has been low but today could be a reversal day depending on how the markets close.