The_Pain_Trade

Short Oil - Target $28

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NYMEX:CL1!   輕原油期貨
The bear market in crude continues to march on. After giving a false breakout of it's downtrend line (not shown) it didn't take long before it broke the all important $50 level and is now trading at a $45 handle. I expect that the downtrend will continue and wouldn't even think about picking a bottom until we're in the upper $20s

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