TyphooN-

My long term view on USOIL

Short
TVC:USOIL   CFDs on WTI Crude Oil
As long as USOIL is rejected at the 200 MA at the monthly level, I believe that USOIL will eventually fall through the bottom of the marked descending wedge, for a nice short to the marked demand zones. I believe this will happen as soon as the new oil pipelines in Texas begin to pump oil.
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