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MANAGED FUTURES – TRADE RECOMMENDATION ACCOUNTS – AUTOMATED ALGO ACCOUNTS
WTI Crude Oil futures are down over 3% today after an important inventory report was released at 10:30am EST. Our next profile target below current price is $43.40. The SP500 futures are also down today, likely being pulled be weaker oil. 2160 is decent support, but could be broken on Friday on a weak jobs number. 2147 is next support and a key area overall. We also are watching DEC16 coffee, as it looks fairly strong. It may rally to the low 1.50’s.
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