Crude oil is moving to new lows and tilting the technical bias more to the downside
Markets appear to be disconnecting from some of the traditional risk drivers today. Both the NASDAQ and S&P 500 have surrendered earlier gains and slipped into negative territory, even as Treasury yields remain little changed and crude oil prices continue to move lower. WTI crude oil is down roughly $3.50 to $87.70, its lowest level since May 29, reflecting…











