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GarryBartsch
May 5, 2015 4:41 PM

Oil Bursts Out of Sideways Range Long

Crude Oil Futures (Jun 2015)NYMEX

Description

Libya or not oil has been advancing and today's breakout on higher volume tips the market's hand. It wants up. It's overbought now and we have time till Wednesday to reflect on this move. The trend in place before the sideways range was the clue for today's move.
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