RSI Divergence indicating a false breakout. Overbought. Short side channels should start to take hold.
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Nice build on crude report this week gasoline has had huge builds the last few weeks (Normal this time of year before refinery maintenance) Expecting more builds in crude going forward record US Production more rigs coming real quick. Crude is a bit oversold in shorter time frames dollar has been pathetic DXY USD seems to be holding any move up in the dollar and queue the dump.
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Look out below !!!!!! Could see a parabolic move lower bollie sitting right at 60$
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YEP