NYMEX:CL1!   Light Crude Oil Futures
Oil             has demonstrated bearish behavior. There is no immediate increase that bull traders are so deeply anticipating. Oil             only shows weak performance with the MACD indicator pointing for a continued downturn or consolidation. Supply levels being extremely high are maintaining the oils range between 27-35 dollars. To short oil             would be best options for short term outlays taking in consideration a defensive strategy.
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