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Markets Allocation
100 % commodities
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CLV 100% | 1
AhmedChil AhmedChil CLV2015, D,
CLV2015: WTI retracement to $48
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CLV2015, D
WTI retracement to $48

Bullish pennant formation along with fibonacci retracement suggest bounce back to $48 with 38% chance all else the same. Odds on Fed rate hike this Thursday are relatively slim which shouldn't be too alarming for oil market.

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