BradMatheny

Once Crude Breaks $65 - watch out below.

Short
NYMEX:CL1!   Light Crude Oil Futures
Once crude oil breaks $65 ppb, watch out below. A very quick move to near of below $58 could happen pushing longs to cover.

Be prepared for this move and watch for a breakdown in price as a key trigger. My assumption is this will happen before the end of August.

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