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Thursday, September 14, 2023

Crude Oil Near Weekly Reversal


After 3 weeks of rise out of the Aug 24 (Thu) low, Crude Oil is nearing a weekly high.

This week may complete another full 3 x ATR advance out of the Sep 08 (Fri) low to 91.68 by Sep 15 (Fri). 
Then the minimum retracement target should be 50% down to around 84.75. Pump and Dump.