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Crude Oil Breakout To New Highs May Be Due For Pullback

Discussion in 'Technical Analysis' started by Kaitlin, May 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The past five trading days of solid gains in crude oil prices have been based in part upon unforeseen global events that have given bulls some hope that the long-prevailing oil oversupply situation might actually begin to be alleviated. These events have included unfortunate incidences, including the wildfires in Canada[​IMG]

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