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Short
May 9, 2023
Crude Oil downtrend coming
1
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CURRENCYCOM:OIL_CRUDE
QQQ
USO
I am short at the 73s on that rising wedge crack, of which I closed most at the low 72s today. Looking to short the spikes into the week.
Analysis explained:
~ Massive head resistance, left shoulder rejection at the 73s.
~ A *Rising Wedge* within a downwards pointing *Megaphone*.
RexMan
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RexMan
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