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US TECH 100
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Post# of 6438
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CashFreeze

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CashFreeze

Re: acrazjo post# 6027

Tuesday, 02/28/2017 1:30:52 PM

Tuesday, February 28, 2017 1:30:52 PM

Post# of 6438
The movement today on oil is showing a very red candlestick. Oil is at the bottom of the stick right now denoting strong bear movement. 2 possible scenarios in my opinion

1) oil loves to rally rightvaroubd pit trading trading close of 2:30. If it starts to rally around 2:00 upward could signal recovery for oil going into tommorrow

2) closes at bottom of candlestick, no big rally at 2-2:30. This to me signals further bear move down Tuesday.

I'm watching for both of these scenarios to decide my next move

I'm currently short oil and holding
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