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Crude Oil
Previous Day Range High: 29.13 Low: 23.52 Close: 28.89
Technical Chart Resistance
R-2: 32.79
R-1: 30.84
S-1: 25.23
S-2: 21.57

High: 30.84
Low: 25.23

Oil prices dropped during overnight trading on Sunday after OPEC+ announced it was delaying its meeting initially scheduled for Monday, stoking fears on the Street that a production cut might face hurdles. U.S. West Texas Intermediate crude fell 4% to trade at $27.20 per barrel. Oil surged last week WTI and Brent are both coming off their best week on record as Saudi Arabia called a meeting between OPEC and its allies, known as OPEC+, signaling there could be progress on a production cut. The organization’s March meeting ended with no deal after Russia rejected the 1.5 million barrels per day cut that Saudi Arabia had proposed in a bid to prop up falling oil prices as the coronavirus outbreak sapped demand. This kicked off a price war between the two powerhouse producers.
Previous Day Range

High: 7660.25

Low: 7423.50 Close: 7518.25
Technical Chart Resistance
R-2: 7770.75
R-1: 7644.50

S-1: 7407.75                                S-2: 7297.25

High: 7644.50                        Low: 7407.75

Nasdaq rose 0.1% or 10 points to 7,492.
Previous Day Range High: 21352 Low: 20740 Close: 20946
Technical Chart Resistance
R-2: 21625
R-1: 21285

S-1: 20673                                    S-2: 20401

High: 21285
Low: 20673
Dow Jones rose 0.2% or 50 points to 21,364.
Previous Day Range High: 2529.50

Low: 2449.00

Close: 2482.75

Technical Chart Resistance
R-2: 2567.58
R-1: 2525.17

S-1: 2444.67                                S-2: 2406.58

High: 2525.17                              Low : 2444.67

S&P 500 held at 2,527.


Previous Day Range High: 1626.80 Low: 1604.70

Close: 1621.70

Technical Chart

R-2:1639.83                                R-1:1630.77

S-1: 1608.67
S-2: 1595.63

High: 1630.77                            Low: 1608.67

Gold prices inched higher on Monday as bleak U.S. nonfarm payrolls data underscored the deepening economic impact of the coronavirus pandemic, although a stronger dollar limited the metal’s upside. Spot gold rose 0.2% to $1,618.90 per ounce by 0053 GMT. U.S. gold futures were steady at $1,645.90. The U.S. Labor Department’s report on Friday showed that the economy shed 701,000 jobs in March, ending a historic 113 straight months of employment growth, as stringent measures to control the coronavirus outbreak hurt businesses and factories.


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