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Crude Oil Strongly Bearish

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May 09

WOW, some very strong encouraging bearish waves we see on oil, which definitely confirms a top in this market. We were anticipating a reversal here, which is now in full progress, targeting wave 2) support and even start of an ending diagonal after that, which was in February, around 83.

Any pullback against yesterdays losses, should be only temporary correction within current bearish leg.





Here is the chart that subscribers received on Monday, May 2nd!



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