WTI Light Crude Oil
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Making Sense of Oils Price Action

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If you understand the US economy then understanding oil may not be too hard to follow. We have been seeing a lot of bullish momentum from oil after OPEC announced it was cutting its production of oil. If these fundamental events continue to align this technical clue on the chart, then oil can hit the forecast target outlined.
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Strong pull back from oil. We do have some micro structure break but trend still holding.
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Analysis still active

Feragatname

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