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The_Rational_Investor
Sep 13, 2022 3:05 PM

Oil Further Downside Short

Crude Oil FuturesNYMEX

Description

So Oil touched the 82 mark before making a short reversal up before heading down again ..

Higher than expected inflation is not a good news for the economy as it increases recession fears. Individuals and businesses cut down on expenses.

Goldman Sachs looking to shed a lot of fat as well .. that means the markets are priming for speed bump very soon !

Oil target at 75.

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