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PandaPandson
23 מאי 2017 14:51

Similar pattern showing up 

Crude Oil FuturesNYMEX

תיאור

I am not calling for oil armageddon, BUT there are certain similarities to what happened for the large drop a while back. To the shorter Term analysis I do think a lot of the price movement for a positive note out of OPEC have been priced in. I cannot imagine a sustained rally coming from that announcement without a 5-8% drop first.

Hope this helps anyone out
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