Interesting to see, Oil IS approaching 200DMA again, and every time oil hits 200 ema line, it tries to pierce the trend line and goes above $2-3 higher trying to break it, however it gets rejected to continue the down trend, Now that we are approaching 200DMA again, I won't be surprised to expect the same. This the fourth time 200 DMA gets tested this quarter, what are your thoughts?
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