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Friday, 21 June 2019

Crude Oil (NYMEX/WTI Oil): 21 June 2019, Friday

Crude Oil (NYMEX/WTI Oil):
21 June 2019, Friday
(Click on the Technical Chart Above to Expand)

Attached is the Daily Chart Technicals for Crude Oil.
All analyses and illustrations are as attached on technical chart.
The proper interpretation for crude oil technicals is called 【Inverse Bump-and-Run】. Inverse-Bump-and-Run in technical theory is equivalent to 【Shake-and-Collect】 in technical theory. The first trend line is called the lead-in line. Technicals for Crude Oil is bullish (Strong Accumulation). Crude oil stocks and energy related stocks are bullish biased.

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