Market Insight

This is LCG’s daily Market Snapshot. Our Senior Market Analyst Jasper Lawler offers a concise analysis of one of the day’s key themes or events and how it could affect the charts of an asset within the stock, forex, indices or commodities market.

CFTC data from Friday showing a net long position of 885m was a sentiment extreme. The result is the market has rolled over. Jasper looks ahead to oil inventory data and a rising trendline on the Brent crude chart

The information and comments provided herein under no circumstances are to be considered an offer or solicitation to invest and nothing herein should be construed as investment advice. The information provided is believed to be accurate at the date the information is produced. Losses can exceed deposits.