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Wednesday, June 14, 2017 9:10:11 AM
By MPtrader | June 13, 2017
Oil continues to trade lower, showing little or no upside umph.
My Point & Figure chart shows the still-dominant downtrend, which only will be challenged if Oil can climb and print above 48.00.
Otherwise, all roads continue to point to a retest of the early May low at 44.00 (43.76 intraday low), followed by another capitulation towards 42.00-40.00.
https://www.mptrader.com/middayminute/
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