In today’s briefing:
- Dutch TTF Gas and Impact on WTI and DAX
Dutch TTF Gas and Impact on WTI and DAX
- TTF Dutch gas futures are set to rally off of trendline and price support that will ripple into oil and our DAX short theme.
- Oil saw a lift off the 86 support base on the back of TTF Gas popping higher and prospects of a hard European winter.
- DAX pressure building to break the 12,400/500 pivot support that would in turn crack noted MACD support. Short theme working. New low target remains at 11,500.
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