AI
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Tuesday, January 20, 2015 1:01:01 PM
It's below the 50 and the 200 which means trend is definitely down. The 50 is below the 200 which is bearish. Every indicator I looked at is bearish. Oil as a whole is bearish and I think low 40's is coming. Now's not the time to be long anything oil IMO. That said, bottom fishing can be profitable if you are good at it.
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