US10Y yield (white) and WTI typically trade in lockstep, but have recently diverged with US10Y rebounding while WTI has continued to observe selling pressure.
Expecting divergence to narrow, with WTI moving higher off recent lows. Entering long positions on WTI contracts.
Expecting divergence to narrow, with WTI moving higher off recent lows. Entering long positions on WTI contracts.
Trade closed: target reached
WTI moved higher, closing this trade
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.