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Saturday, October 05, 2019 10:03:53 AM
By: Carl Swenlin | October 4, 2019
* (Click Read Full Story »»» at the bottom of the page for the charts to appear on the post)
CRUDE OIL (USO)
IT Trend Model: SELL as of 10/2/2019
LT Trend Model: SELL as of 6/4/2019
USO Daily Chart: Price support was found just above the support at 10.50. The trading range still holds.
USO Weekly Chart: Absent major news, I think that crude will continue down to test support at $WTIC) 42.
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