US Holiday Nov 24th big week or not?What a week coming.
EIA and API could be a draw which could drive prices up unless there are other world events to drive it down of course. On the other hand it could be a build driving prices down unless of course world events could result in a rise in prices.
Just so no one is surprised we have more economic data this week. Yes that has to be at least 40+ weeks in a row with economic data just this year. This week could really stir things up.
With all this data we could see lots of buying unless of course we see lots of selling so it will really depend on whether the data is positive or negative or possibly negative now with possible future positives or vice versa.
Now there is a chance of bearishness but that could be offset by bullishness. Monday could be different from Tuesday but Wednesday will be different than both days. Dont even ask about Thursday.
JMHO, quite possibly you lost more brain cells just reading this. If that is the case my work is done.