FX:USOIL   Crude Oil (WTI)
Why is oil             so BEARISH? The trend is so strong because it is beyond the monthly charts. The reverse applies to SPX             . I do think that we have printed a low at 26, there could still be a chance for this current adjustment to break 35 briefly to scare everyone and everything off the table. So hang on to your boots and enjoy the ride.

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