Oil is right now stuck in a rising wedge. This wedge extends to its vertex at point 94.52 at around its rough date of December 12th. This where vertex converge on schematic drawing. I always to confirm my drawings which be subjective in nature with quantitative analyzing. For most wedge pattern this subjective can be confirm with more objective by using area of...
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Long 1000 $BBY
Short 682 $LOW
Mean Reversion Time: 12 Trading Days