Ford Reports Q3 US Vehicle Sales Of 509,764, Down 6.6% Y/Y
- US Electric Vehicle Sales Fall 80.2% In Q3 To 6,047
- US Hybrid Vehicle Sales Fall 19.7% In Q3 To 44,308
- Expected Financial Impact Of Supplier Issue That Affected F-150 Trucks Production Containable Within Existing FY Adj EBIT Guidance
🚨 BEARISH BETS AGAINST OIL JUST HIT A RECORD HIGH.
Brent crude put options just hit a record 764,000 contracts.
Oil has already crashed more than 10% in just 8 days. And traders are betting the sell off isn’t over.
U.S.-Iran settlement talks and the reopening of a major Middle East export pipeline are adding even more pressure.
The oil market has gone from supply panic to record bearishness in just days.
$spy levels for reference:
gapped down, and breaking below 764.01. we're now waiting on bessent's upsized treasury operations around ~11am today, which should influence today's price action. PPI and CPI thursday/friday, can cause a retest of lower trend line ~760.40 LVN, 757.67 gap fill; or a potential breakout above 771-772
it's worth derisking shorter dates and waiting for confirmation