This is a snapshot of what I am seeing is to happen. It is currently still in a wave 3 up. That wave 3 is still NOT complete. When this wave 3 is done, then should be looking for a wave 4 retrace to get underway that could bring prices back down to the $45.00 level. Then to look for a MAJOR move higher from there. I am seeing that Oil could be reaching the $70 - $80 price levels sometime this year.
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