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KG Gauges Bullish & Bearish Crude Oil & Soybeans Price Action, Housing Concerns
Description
The NAHB housing market index suggests a still bearish outlook for the industry, says Kevin Green. Crude oil prices continue to slide lower as well even though strikes in the Iranian region continue. KG makes sense of the price action by weighing bullish optimism against bearish marks investors are missing. He later turns to the grains market by analyzing price action in soybean futures.
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