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TraderBwater
Mar 25, 2024 12:33 PM

Energy will drop below December lows Short

Crude Oil FuturesNYMEX

Description

Crude Oil NYSE:CL and energy stocks can expect a drop now below the December 2023 lows to get the final leg down to finish the year-long correction since 2022. This is confirmed by NYSE:XOM in the monthly chart which shows that the long-term correction is not yet done.
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