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MarketIntelligence
Mar 22, 2017 1:43 AM

Crude Oil Analysis 

Crude Oil Futures (May 2017)NYMEX

Description

In the Dragon Analytics system, the Dragon is now seeking the ocean floor, meaning more down side pressure ahead. I'll jump on a short position as we test resistance at 48.50 (yellow line) The Andrews pitchfork suggests support at the median line at 47.50 (dotted red line) so there lies my profit target. powder dry is the discipline, follow it. Good trading!

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