Major oils......many of the major oil companies are getting quite near 1st objective Fibonacci "ABC" corrective wave price levels. I'm keeping an eye on them and I'll let the board know when I think they have bottomed for this(what I believe to be) corrective move. They seem to have been "projecting" or "telegraphing" the price of oil nicely.I believe the next "upleg" may be quite explosive........although I can always be wrong.
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