BenzingaPublished 2026-09-09
“Can $100 Oil Break This Market? Futures Slip | PreMarket Playbook | September 9, 2026”
$TANNo side taken
TAN is oversold after breaking 60; a technical bounce is expected near 54, but the long-term bottom is likely not in and the investment case is unverified.
Uh T10 broke lower. So that's kind of what we were anticipating earlier, right? Tan. Oh my gosh. This went to 60. It broke 60. TAN down 27% right now.
There's going to be a good bounce coming in this. Maybe it's going to be down at 54. Yeah, you know, the the all-time lows where we double bottomed. Um, that would be my guess.
What have uh firms been saying about this? Lowering their price targets. Everything is still well except for one here. Uh, everything was like 100 or more. uh except bear thinks it's worth 85.
Either way, all these price targets are well above where the price is right now.