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WTI Oil Head & Shoulders to $29 ?

Futuros de petróleo leve bruto (NYMEX:CL1!)  
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NYMEX:CL1!   Futuros de petróleo leve bruto
Chart Patterns Technical Indicators WTI Crude Oil Oil
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chartpattern indicator wti crudeoil oil
Oil has had a pretty good run the last month however it seems like a head & shoulders - right shoulder is in the making.
If the pattern breaks down, we might see a move down to a pattern projected and horisontal price support around $29.

This correction will be healthy and support another buy-in into SBAOIL.
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