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CL1!: Crude Cuts Up Longs
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CL1!, W
Crude Cuts Up Longs

I haven't posted about crude in a few weeks because the fundamentals and technicals simply have told the same story over and over again. Bulls get bullish because A) they believe the global economic growth falacy or B) it's so oversold it must go higher. My charts did not change, and, yes, it has played out well technically to the downside. It is ever closer to ...

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