USOIL - the two choices

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USOIL can't break below strong support at 92 so far. If it does, it will likely be a big sell to the 70's. If it holds that 92 level and breaks above 104, look for another leg up to around 120.

Note
looking like a retracement wave this morning, Aggressive short possibility. snapshot
Chart PatternsCrude Oil Futures WTI (CL1!)Technical IndicatorsOilCrude Oil WTIWave Analysis

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