In my opinion, oil has has been climbing higher on some weak fundamentals, not so bullish EIA & API data, and mostly due to hurricanes & the conflict in norther Iraq...
Here are my trend lines. Treat the stop as a pivot for a move in either direction. T1 = Target 1 T2 = Target 2
Full disclosure, I am short-term bullish, medium-term bearish, long-term not sure, long-term bearish (mostly dependent on if we get final dollar rally) If inflation shows up... and if it really does... all bets are off and I'd mostly be bullish.
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