Crude oil made an important test of key support at $95.65 this morning

Market Review Overall our strategies worked well yesterday in that our entry levels performed well as technical reversal points but the profitability of the trades were modest as in the end the session saw most markets being confined to tight ranges. The S&P saw some upside after the US cash open and whilst the upside was capped at our short entry level the much worse than expected Consumer confidence number was not able to generate any meaningful sell off. EURUSD remained in a tight range

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Crude oil made an important test of key support at $95.65 this morning

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