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Jan 8, 2015 2:29 PM
Oil at Trendline Going Back 15 Years
Long
NYMEX:CL1!
1W
Crude Oil Futures
NYMEX
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Jan 8, 2015 2:29 PM
In addition to a trendline going back to 1998, oil is also at a support level on the weekly chart that was established in 2007 and confirmed again in 2009. It might be time to buy a tranche to go long, with capital still saved for a fall to $30.
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