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themarketear

Oil fading

Crude Oil (CURRENCYCOM:OIL_CRUDE)  
themarketear  
CURRENCYCOM:OIL_CRUDE   Crude Oil
Trend Analysis
3
0
trendanalysis
So far a perfect reversal off the longer term negative trend line. As we have outlined, oil volatility is down recently (still elevated) and makes "serious" oil trading more attractive.
For now we keep our fade logic.
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