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S&P 500
5,699.94
(
-0.17%
)
US TECH 100
19,293.20
(
0.15%
)
Dow Jones
42,011.59
(
-0.44%
)
Brent Oil
78.35
(
0.69%
)
Bitcoin
61,382.31
(
1.04%
)
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PlanTrader

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PlanTrader

Re: PlanTrader post# 22

Thursday, 07/19/2012 6:17:36 PM

Thursday, July 19, 2012 6:17:36 PM

Post# of 56
Wow, crude got up near $93 today, 4.5% above that $89 breakout price we discussed. Middle east tension, yada yada, there's no way to know which catalyst will take control with oil lately. Inventories at multi decade highs = bearish. Slower demand growth globally & more US oil output = bearish.

Geopolitical tensions & price needs/aspirations = bullish.
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