WTI Explodes Higher, Brent Unchanged As Algos Reminisce
It is deja vu all over again - just as it did last week - after dumping into Monday open, the machines ramp WTI (on no news and certainly not on the back of any data which was all abysmal).
Behold a "market" controlled by lasers (chart courtesy of nanex)
You are Here...
Click on picture to enlarge
Rinse Repeat.
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"Explodes" is a bit of an exaggeration but otherwise, good post.