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Sunday, April 5, 2009
Where Is Crude Oil Headed This Week, And Beyond
What an amazing rally the bulls have enjoyed, but it is not rocket science to understand that just like the equity markets oil is more likely to retrace back to $45 than it is to continue up to $65 from here. Look for crude to pull back to the shaded area in the not to distant future.....
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Labels:
Bullz and Bearz,
Crude Oil,
Exxon,
MarketClub,
RSI,
Stochastics
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