[Video] WTI Headed for $80?
Matt Simpson October 6, 2021 4:55 AM
With its strong trend and current levels of volatility, a run for $80 appears within easy reach for WTI.
Yet whether WTI can break above $80 on its first attempt is another matter. History would suggest it will at least pause, if not retrace from such an obvious round number which can entice traders to book profits. We also update our analysis on platinum futures and the US listed stock Nasdaq Inc (NDAQ).
S&P 500: Market Internals
S&P 500: 4345.72 (1.05%), 05 October 2021
- Financials (1.7%) was the strongest sector and Real Estate (-0.85%) was the weakest
- 9 out of the 11 S&P 500 sectors closed higher
- 4 out of the 11 sectors outperformed the S&P 500
- 2 out of the 11 sectors traded lower on the S&P 500
- 368 (72.87%) stocks advanced and 136 (26.93%) declined
- 65.54% of stocks closed above their 200-day average
- 68.12% of stocks closed above their 50-day average
- 37.03% of stocks closed above their 20-day average
- + 5.93%-ABIOMED Inc(ABMD.OQ)
- + 5.27%-Invesco Ltd(IVZ.N)
- + 5.21%-Netflix Inc(NFLX.OQ)
- -3.71%-Ventas Inc(VTR.N)
- -3.54%-Penn National Gaming Inc(PENN.OQ)
- -3.25%-Equinix Inc(EQIX.OQ)
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