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Friday, January 24, 2014

Crude Oil - Top in place at 97.84?

Crude Oil.

With a high at 97.84 (slightly above my target of 97.50) I think a top is in place for the final decline in wave v lower towards 88.53. Short term a break below support at 96.43 will be the first indication, that wave iv did end at 97.84, while a break below support at 93.66 is needed to confirm, that wave v is devloping.


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