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Re: Bacon23 post# 225

Tuesday, 03/01/2016 7:28:32 PM

Tuesday, March 01, 2016 7:28:32 PM

Post# of 490
I still think so. May take more time but I still think so.

Refinery maintenance season is upon us. Less demand for oil, supply side overflowing. Tomorrow's inventory report is going to prove that. Watch for a sharp drop in WTI as of tomorrow 10:30.

As oil drops,.so will S&P and NASDAQ and, accordingly LABU.

Look at WTI's chart from Jan 2015 to now. When oil goes up, after maintenance season, we should get a really good run.

But.....

Maybe not.

Happy trades!