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Friday, May 31, 2013

The Crude Oil Market, It's Just Your Point of View!

Quick observation of the confounding crude oil market:  Is it bullish or bearish, volatile or flat, tradeable or untradeable? Well it all may just depend upon your point of view.

Here is a chart that almost looks like a random number generator:



Here's a totally different view of the same thing:

CHARTS COURTESY BARCHART.COM

Flat sideways or volatile crazy?  You decide.

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