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Ending Diagonal in Oil with a Weak 5th
做多
United States Oil Fund
(
AMEX:USO
)
broughro
Essential
AMEX:USO
United States Oil Fund
Oil
1
0
oil
Ending diagonals almost always reverse quickly with a deep retrenchment. Expect an overlapping upward correction to ~38, the previous (iv) over the next 8 months. Its been a long slow decent, so probably a quicker upper correction.
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