China Caixin Manufacturing PMIAnother positive reading shows that China is moving along and Oil responded well up to $77.40 now if it will carry through tomorrow giving us higher Oil, March is here so will we hear from Russia, will the US sell on another EIA surplus, March also brings us closer to the FED, Bulls, and Bears will be fighting for supremacy. If the US sells us off from higher Oil then it's a fact that the US will not be pressured into higher Oil because of Putin and will China's manufacturing offset surplus Oil at the end of the day it's all about demand and surplus doesn't support it.
China Caixin Manufacturing PMI ![China Caixin Manufacturing PMI](https://d3fy651gv2fhd3.cloudfront.net/charts/china-manufacturing-pmi.png?s=chinamanpmi&lbl=0&v=202303010145V20220312)