Wednesday, September 19, 2012

4 hour $CL_F Chart Post 97.50 Failure - $USO

The macro trend from the May lows of just under 78 a BBL failed at 97.50 Monday resulting in a stop run into 95 followed by a failure of 94 today resulting in a 91.55 low Wednesday. Seems a bit to easy to tip a billion dollar market on its side just because you can...??

4 hour CL_F

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