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JustinPace
Sep 4, 2016 6:29 PM

Long Crude for next few weeks. Long

TVC:USOIL1W
WTI CRUDE OILTVC

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Crude has passed the weekly ichimoku cloud and retested it last week. It also bounced off a trend line support If we break the recent high around 49.50-50 a barrel, I believe we see 55-60 dollars a barrel in the near term.

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